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 of some important threads of TA 📊 for new learners to study 😇😇
1️⃣Moving Avg
https://t.co/xbORdUm2MH
2️⃣Fibonacci
https://t.co/QS2FveTuF7
3️⃣Ichimoku
https://t.co/pITLA6IL9m
4️⃣Darvas Box Theory
https://t.co/PJ70uverV4
Happy Learning😇
Moving Averages Simplified\U0001f4d2
— Stock Market Scientist\u2122 (@MarketScientist) April 30, 2020
\U0001f535Its a technical indicator used by traders to identify trading opportunities
\U0001f535Its a Lagging indicator
\U0001f5352 MAs which traders use more often are..
SMA(Simple moving average) & EMA(Exponential moving average)
1/n#StockMarket #Technicals pic.twitter.com/ClDPEgVWZP
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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These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Bactesting results of Open Drive
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5