How to identify a buying /selling pressure at the crucial demand/supply levels?
๐ฏ๐๐๐๐๐ ๐๐๐๐
๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐- ๐ ๐ฉ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐ช๐๐๐
๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐:
๐๐ผ๐ถ๐ป ๐ผ๐๐ฟ ๐๐ฒ๐น๐ฒ๐ด๐ฟ๐ฎ๐บ ๐ฐ๐ต๐ฎ๐ป๐ป๐ฒ๐น ๐๐ผ ๐น๐ฒ๐ฎ๐ฟ๐ป ๐๐ต๐ฒ ๐๐๐ผ๐ฐ๐ธ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ฎ๐๐ถ๐ฐ๐- ๐๐ถ๐ป๐๐ถ๐ป๐ด๐ ๐ฆ๐๐ผ๐ฐ๐ธ ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ฐ๐ฎ๐ฑ๐ฒ๐บ๐~ ๐๐ฟ๐ฒ๐ฒ ๐๐ฑ๐๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น:
t.me/finwingsstocks
๐๐๐ง๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ค๐ฌ ๐๐ซ๐ ๐ฎ๐ฌ๐๐ ๐๐ฒ ๐ฌ๐ฐ๐ข๐ง๐ ๐ญ๐ซ๐๐๐๐ซ๐ฌ, ๐๐๐ฒ ๐ญ๐ซ๐๐๐๐ซ๐ฌ, ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ, ๐๐ง๐ ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐ข๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
- They are easy to comprehend.
- Patterns are easy to identify.
- They can be used in conjunction with other Indicators.
- Provide a much more detailed description of the occurrences and happenings in the market, and interactions between buyers and sellers as compared to traditional charts which provide minimal information
๐ฐ๐ด๐ท๐ถ๐น๐ป๐จ๐ต๐ช๐ฌ ๐ถ๐ญ ๐ช๐จ๐ต๐ซ๐ณ๐ฌ๐บ๐ป๐ฐ๐ช๐ฒ๐บ ๐ท๐จ๐ป๐ป๐ฌ๐น๐ต๐บ
- They allow us to understand the sentiment of Investors and the values being determined by the market.
- They indicate market turning points early and estimate the direction of the market.
- Overall, Candlesticks provide unique insights.
- They display reversal patterns which cannot be seen in other types of charts.
- They can be used in all kinds of markets.
- Candlestick Patterns are highly accurate in predicting market trends.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ ๐๐๐ฆ๐ฆ๐๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ค ๐ฉ๐๐ญ๐ญ๐๐ซ๐ง? – ๐ ๐๐ฎ๐ฅ๐ฅ๐ข๐ฌ๐ก ๐๐๐ฏ๐๐ซ๐ฌ๐๐ฅ ๐ฉ๐๐ญ๐ญ๐๐ซ๐ง ๐๐ญ ๐ญ๐ก๐ ๐๐ง๐ ๐จ๐ ๐ ๐ฆ๐ข๐ง๐จ๐ซ ๐๐จ๐ฐ๐ง๐ญ๐ซ๐๐ง๐ ๐ข๐ง ๐๐ง ๐จ๐ฏ๐๐ซ๐๐ฅ๐ฅ ๐ฉ๐ซ๐ข๐ฆ๐๐ซ๐ฒ ๐๐ ๐ญ๐ซ๐๐ง๐.
๐ฐ๐๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐
- The Lower shadow should be at least twice the length of the body.
- Trend should be down for a good period.
- The color of the small body is not important.
- There should be no upper shadow or a very small upper shadow.
- Large volume on the Hammer day increases the chances that a blow-off day has occurred.
- For Confirmation if the market opens Gap Up or sustain above the body.
- Stop loss will be below the low of Hammer.
- Target 1:2 Ratio minimum for more modified stop-loss from time to time.
๐พ๐๐๐ ๐ ๐ฏ๐จ๐ด๐ด๐ฌ๐น ๐๐๐๐ ๐๐๐๐๐๐๐-๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐๐๐๐ , ๐ ๐๐๐๐๐๐-๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐ . ๐ฐ๐ ๐๐๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ (๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐โ๐ ๐ฏ๐๐๐), ๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐ ๐๐๐ ๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐.
The additional confirmation includes looking for an accumulation phase or a strength in any indicator you use. We can also confirm the pattern as a pullback in an uptrend if the buyers are dominating- Analyse the structure with the Fibonacci Retracement tool, or use a Gann Fan tool.
๐๐ข๐ง๐ค๐๐๐๐ง: https://www.linkedin.com/company/finwings-stock-trading-academy/
๐๐๐๐ค๐๐ง๐ ๐๐ง๐ ๐ฐ๐๐๐ค๐๐๐ฒ๐ฌ ๐๐๐ญ๐๐ก๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ ๐ฆ๐๐ฑ๐ข๐ฆ๐ฎ๐ฆ ๐จ๐ ๐ ๐ซ๐๐ ๐ข๐ฌ๐ญ๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ฉ๐๐ซ ๐๐๐ญ๐๐ก. ๐๐๐ฅ๐ฅ ๐๐จ๐ฐ ๐ฒ – 09773225512
๐๐ฐ๐ข๐ญ๐ญ๐๐ซ: https://lnkd.in/geScFX27