Hello Friends 🤗
Here are the links of some important threads of bearish reversal candlestick patterns for new TA learners📒
1️⃣Bearish Engulfing
https://t.co/OKlGOb8zts
2️⃣Evening Star
https://t.co/ZR13zhZUt8
3️⃣3 Black Crows
https://t.co/NQunzmm31E
Happy Learning..!😇
Bearish Engulfing Simplified\U0001f4d2
— Stock Market Scientist\u2122 (@MarketScientist) June 6, 2020
\U0001f535It consists of a small \xa0(green)candle\xa0followed by a large down (red)candle that engulf the smaller candle
\U0001f535It generally appears near the end of an uptrend or in the pullbacks of a larger downtrend
\U0001f535It is one of the reliable reversal pattern pic.twitter.com/9EQqdcvsSa
More from Stock Market Scientist™
Here are the links to access all the threads of Price Patterns📈
1️⃣H&S Pattern
https://t.co/fmWhajgRFk
2️⃣C&H Pattern
https://t.co/6ZW977dCbr
3️⃣Flag Patterns
https://t.co/YUVRiLrVgI
4️⃣Wedge Patterns
https://t.co/6Lhka9dgyw
Happy Learning..!! 😇
H & S Pattern Simplified\U0001f4d2
— Stock Market Scientist\u2122 (@MarketScientist) May 25, 2020
Head & Shoulder Pattern\U0001f4ca
\U0001f535It is\xa0formed by a peak (shoulder), followed by a higher peak (head), & then another lower peak (shoulder)
\U0001f535A line called neckline\xa0is\xa0drawn by connecting the lowest points of the two troughs
1/n#StockMarket #Technicals pic.twitter.com/ElCKkli5h3
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Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.