How to earn $50 a day on Binance by following these tricks with 5-minute candlestick patterns.
⚠️ Main warning first
✅ There is no pattern that guarantees profit; these patterns increase your edge, not your certainty.
✅ You must combine them with risk management, market context, and discipline for consistent daily income.
📝 How to use these 10 patterns for a daily goal of $50
1️⃣ First, focus on 3-5 patterns
From the image, select these 5 most reliable 5-minute patterns:
✔️ Bullish Engulfing (buy after a strong green candle engulfs a red candle at support)
✔️ Bearish Engulfing (sell after a strong red candle engulfs a green candle at resistance)
✔️ Pin bar reversal (long wicks at key levels)
✔️ Morning Star (bullish reversal with 3 candles: red, small body, green)
✔️ Evening Star (bearish reversal with 3 candles: green, small body, red)
2️⃣ Follow this daily trading routine
🔹 A. Set up your chart
Choose BTCUSDT or ETHUSDT for high liquidity.
Set a 5-minute timeframe.
Mark support and resistance zones from higher timeframes (15m, 1h).
🔹 B. Pattern confirmation
Wait for the price to approach the marked zones.
Confirm that the pattern you chose is forming exactly as in your study material.
DO NOT ENTER the middle zone without context.
🔹 C. Entry and exit strategy
Example for bullish engulfing:
Entry: After the bullish engulfing candle closes above support.
Stop Loss (SL): Below the low of the engulfing candle or support level.
Take Profit (TP): 0.5% – 1% above entry price.
➡️ For bearish engulfing, adjust the setup near resistance.
🔹 D. Position size for the $50 target
Assume you have a capital of $500. Risk 1% per trade ($5).
Aim for a risk/reward ratio of 1:1 or 1:1.5.
You need ~10 trades with a profit of $5 each, OR 3-5 quality trades with a profit of $10-20 each (realistic for active scalping).
🔹 Trade timing
Focus during London or New York trading sessions when volatility is high for faster scalping moves.
3️⃣ Risk management rules (non-negotiable)
✅ Risk only 1-2% per trade.
✅ Never chase losses or seek revenge in the market.
✅ Close trades immediately if the pattern fails (invalid candle closes).
4️⃣ Example of practical execution
TimePatternActionResult10:05 AMBullish engulfing at supportLong position+$1011:10 AMPin bar rejection at resistanceShort position+$712:30 PMMorning Star on EMA 200Long position+$121:45 PMBearish engulfing at resistanceShort position-$5 (SL activated)2:30 PMEvening Star patternShort position+$9
➡️ Net profit: $33
Continue disciplined until you reach $50, then stop for the day to protect profits.
5️⃣ Additional tips for increasing success
🌟 Always trade with the trend to increase probability.
🌟 Backtest each pattern on 5-minute charts of your chosen pairs for confidence.
🌟 Combine with EMA, RSI, or VWAP filters for stronger setups.
🌟 Record every trade in a trading journal to improve your edge daily.
💡 Final words
These patterns can become your powerful weapon when combined with:
✅ Market context analysis
✅ Disciplined risk management
✅ Emotional control