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Evening Star give entry point for BEARISH REVERSAL
1. Three candle pattern 2. The first candle has an open real body, in line with the Bull trend 3. The second candle’s real body gaps away from the first candle’s real body 4. The second candle has a small real body 5. The colour of the second candle’s real body is not important 6. The third candle is filled and closes well into the real body of the first candle 5. The market is in an uptrend Evening Star and sell forex trading signals An Evening Star is a powerful reversal pattern seen in a rising market. It is comprised of three candles. The first is a bullish day, the second is a Star with indecision rife despite the early promise. This indecision turns into outright bearishness on day three, which is why this is such a powerful reversal, and so closely watched by the Japanese. You may have an idea where we’re going to go next on our trawl through the candlestick patterns. What happens when a Bullish Star formation is backed up by a strong day the next day? You’ve got it! Morning Star properties for BULLISH REVERSAL 1. Three candle pattern 2. The first candle has a filled real body, in line with the weak trend 3. The second candle’s real body gaps lower, away from the first candle’s real body 4. The second candle has a small real body 5. The colour of the second candle’s real body is not important 6. The third candle is open and it finishes well into the real body of the first candle 5. The market is in a downtrend Morning Star and sell forex signals The three candles that form a Morning Star make a potent argument for the reversal of an established downtrend. The first candle has a large filled real body just like many of the other sessions that we’ve seen during the downtrend. Day two starts off with further weakness but then nothing really happens. After this questions should be asked as to the sustainability of the down-move. Day three answers these questions. A big open candle tells us the bulls are back in tow www.freeforex-signals.com is the best free forex signals provider presents daily free forex signals via SMS , E mail and whatsApp عنوان الموضوع الاصلي: Evening Star and sell forex trading signals || الكاتب: n-free || مصدر الموضوع: منتديات التحلية
Evening Star and sell forex trading signals evening star |
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الكلمات الدلالية (Tags) |
evening, forex, sell, star, trading |
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