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Reversal Patterns Simplified📒

Bearish Reversal Patterns🐻
🔵 Some common bearish reversal patterns are
1. Bearish Engulfing
2. Evening Star
3. Three Black Crows
4. Dark Cloud Cover
5. Bearish Harami
🔵All patterns should be confirmed with next days close & other indicators

1/n
Reversal Patterns Simplified📒

Bearish Engulfing🐻
🔵 Ir consists of a small  (green) candle followed by a large down ( red) candle that engulf the smaller candle
🔵 It generally appears near end of uptrend or in pullbacks of larger downtrend

2/n
Reversal Patterns Simplified📒

Evening Star Pattern🐻
🔵It is a bearish candlestick pattern with 3 candles a large green candlestick, a small-bodied candle & a red candle
🔵It occurs near an end of uptrend
🔵It confirms when 3rd candle close is lower than 1st candle high

3/n
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Stock Market Scientist™
@MarketScientist
Reversal Patterns Simplified📒

#Candlestick
🔵There are two types of reversal patterns in candlestick
1.Bullish 🐂
2.Bearish 🐻
🔵Bullish reversal pattern mostly occurs in downtrend or during intermediate corrections of uptrend,
Vice Versa for Bearish reversal pattern

1/n
Reversal Patterns Simplified📒

Bullish 🐂
🔵Some common bullish reversal patterns identifed by traders on charts are
1.Bullish Engulfing
2.Three White Soldiers
3.Morning Star
4.Piercing Line
5.Inverted Hammer
🔵All patterns to be confirmed with price move & other indicators

2/n
Reversal Patterns Simplified📒

Bullish Engulfing
🔵Its a reversal pattern in which second candle (Green) completely engulfs the real body of the first(Red) candle
🔵On the second day price opens lower than the previous day low & close above previous day high

3/n
 #Candlestick
Read 7 tweets
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Stock Market Scientist™
@MarketScientist
Fibonacci Simplified📒

🔵Its a concept developed by mathematician Leonardo Fibonacci in 13th Century
🔵Fibonacci sequence is a series of numbers from 1 to infinity as each number is a sum of previous 2 numbers. For example
(1,1,2,3,5,8,13,21,34,55,89,144)

1/n
 #StockMarket
Fibonacci Simplified📒

Golden Ratio (0.618% or 1.618%)
🔵Its a mathematical ratio that is derived from FB nos.
🔵In a sequence, any given number is approximately 1.618 times the preceding number, ignoring the first few nos.

Plz search more about this ratio to know more

2/n
Fibonacci Simplified📒

🔵In financial markets fibonacci sequence numbers can be used in two ways which are Fibonacci retracement & Fibonacci extensions
🔵FR & FE helps the traders to identify support & resistance levels of a particular trend in the market

3/n
 #StockMarket
Read 5 tweets
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Stock Market Scientist™
@MarketScientist
Ichimoku System Simplified📒

🔵Its an indicator developed by Goichi Hosda in 1969 before practicing it for 30 yrs in trading
🔵It is one of the finest & versatile trading indicator which helps in identifying trend direction, supports/resistances & other trading signals

1/n
Ichimoku System Simplified📒

🔵Ichimoku trading system has 5 components...
1.Tenkan-Sen (Conversion Line)
2.Kijun-Sen (Base Line)
4.Senkou Span A
3.Senkou Span B
5.Chikou Span (Lagging Line)
🔵The most important part of it the Cloud or Kumo which forms with Span A & B

2/n
Ichimoku System Simplified 📒

🔵The trend is up when price is above the cloud, down when price is below the cloud and flat when price is moving in b/w the cloud
🔵The uptrend gets stronger when the leading Span A rises above the Span B to form a green cloud &
Vice Versa

3/n
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