A Detailed Thread on Candlesticks you NEED to know 🧵

These candlestick patterns can be a leading factor in a trend change before many know it’s even happening 👇🏼
1. Bullish Inverted Hammer

Strong reversal candle in a downtrend and as you can see above this one led as the market bottom leading up for a 65 point move after.

Always want to find it after a big red candle. Image
2. One of my favorite setups is the Harami, in this case it was a bearish harami. This candle is near the top of the previous large green candle & would be vice versa for the bulls if it was on bottom of a previous large red candle with same sized wicks on both ends. 30+ points Image
Here is also an example of a bull harami relating to the last post. Image
3. Gravestone Doji. A DEADLY candle as you can see here where we had a 200+ point sell off of it… sellers take over here after an uptrend and starts the trend reversal to the downside. Long higher wick with a Doji type close near bottom of candle. Image
4. Spinning Top reversal here after a strong red candle or green candle forming at the end of the candle usually leads for a minimum 75-100% retrace of that previous candle. In this case a 60+ point move 🚨

Here you can also see a bearish spinning top that led to downside ImageImage
Also regarding those last posts you can also categorize some as Morning Doji Star and or Evening Doji Star reversals!

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More from @BullTradeFinder

Sep 5
🧵CREDIT SPREADS THREAD🧵

🚨Credit Spread Explained WITH EXAMPLE!🚨

This Strategy WILL become a SECOND INCOME!
For example if you get a credit spread with a premium of .20 between the spreads then your goal is for that premium to theta out to 0 for full 100% profit.
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Put credit spread is actually a bullish credit spread

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🚨GOOD READ🚨

I want to say something that I think needs to be said.

I see people posting profits of $1M daily and no hate to that at all in fact I can’t be more happy to those that do.

It’s a dream come true if your making that much daily.

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But some people get skewed seeing this and they want to be on that level day 1.

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