Deep Crab Pattern Rules explained
How you can best use Fibonacci ratios and Gartley harmonic patterns, also known as Crab patterns, to easily make price forecasts
How you can best use Fibonacci ratios and Gartley harmonic patterns, also known as Crab patterns, to easily make price forecasts
Although Kagi charts are less well known than the generally accepted chart types, they filter out market noise and make it easier for traders to understand price movements.
If a retracement is taking place within a trend, you could use the Fibonacci levels to place a trade in the direction of the underlying trend. The idea is that there is a higher chance a security’s price will bounce from the Fibonacci level back in the direction of the initial trend.
In other words, this is a bearish reversal or peak pattern with the shape of a bear claw. Suitable for Traders who like to open bearish FTT trades or find a reasonable selling time.
Knowing the names of the candlestick will help you learn the patterns faster. This article will give you the names of the models with all types of candles.
On the other hand, the opposite of the Bullish Engulfing candlestick pattern is the Bearish Engulfing Pattern. Therefore, you will see similarities in the two patterns
The Bullish Harami pattern is one of the strong candlestick patterns to find out uptrend reversal. It usually shows up at the end of a downtrend.
Bearish Harami candlestick pattern is only suitable for those who like to enter short positions, it is meaningless to enter long positions.
Heiken Ashi candlestick chart makes it easy to identify asset trends. It is very good at data analysis without strong fluctuations.
The Morning Star candlestick pattern is used to recognize a bullish reversal point, also known as the bottom of a downtrend.
The Evening Star candlestick pattern is a chart pattern that shows when the trend turns down. Trader look at it as a bearish candlestick pattern includes a tall bullish candle, a small candle/Doji candle, and a tall bearish candle.
The Tweezer Tops and Bottoms is common patterns you can catch daily. It’s not too good but enough for taking advantage of using other indicators, patterns.
Three White Soldiers is a candlestick pattern which very difficult to see but very accurate signals. This is the contrast pattern of the Three Black Crows.
Pin Bar candlestick pattern is about special candlestick with a short body completely lay on a side and long tail. Helpful in strategies and indicators.