The Major Signals Part :- 3
Hello Everyone,
Before Starting we will Know about the Strategies of working at 50 and 200 Ma with an Indicator well known to you 🤜
So Lets Start
Strategy of 50 and 200-day Ma's WIth the Indicator Stochastics
In the strategies, we would take a simple moving average of 50 and 200 days and take Indicator Stochastics, Now whenever you see a Crossover of 50 and 200 days Moving average with the crossover of Stochastics then you have to buy and sell for basics we will talk in detail in the next parts.
1. Inverted Hammers
It is a type of candlestick pattern found after a downtrend and is taken to as a reversal signal. The inverted hammer looks like a Shooting star or a Reversed version of the hammer candlestick pattern, and when it is seen in an uptrend it is called a shooting star. Now Many Peoples have doubt that is this a Bullish or Bearish Pattern as it looks exactly like shooting stars, so let me tell you it is a bullish reversal pattern, which signals that a stock can be bullish now.
2. Morning Star
It is a candlestick pattern consisting of three candlesticks, It is a bullish pattern used by technical analysts to predict the market. A morning star forms after a downtrend and it shows the starting of an uptrend. It is a sign of a reversal in the price. Traders spy on charts for the formation of a morning star and then seek confirmation that a reversal is coming or not.
3. Evening Star
It is a candlestick pattern consisting of three candlesticks, It is a bearish pattern used by technical analysts to predict the market. An evening star forms after an uptrend and it shows the starting of a downtrend. It is a sign of a reversal in the price. Traders spy on charts for the formation of a morning star and then seek confirmation that a reversal is coming or not.
4. Kicker Signals
It is a two-bar candlestick pattern to predict a change in the direction of a trend. This pattern is characterized by a sharp reversal in price over the span of two candlesticks. Traders use it to determine which trend of market participants is in power.
Hope you all like it
Make sure to follow us and leave a comment
Thank you Bye-Bye 🙏
Before Starting we will Know about the Strategies of working at 50 and 200 Ma with an Indicator well known to you 🤜
So Lets Start
Strategy of 50 and 200-day Ma's WIth the Indicator Stochastics
In the strategies, we would take a simple moving average of 50 and 200 days and take Indicator Stochastics, Now whenever you see a Crossover of 50 and 200 days Moving average with the crossover of Stochastics then you have to buy and sell for basics we will talk in detail in the next parts.
1. Inverted Hammers
It is a type of candlestick pattern found after a downtrend and is taken to as a reversal signal. The inverted hammer looks like a Shooting star or a Reversed version of the hammer candlestick pattern, and when it is seen in an uptrend it is called a shooting star. Now Many Peoples have doubt that is this a Bullish or Bearish Pattern as it looks exactly like shooting stars, so let me tell you it is a bullish reversal pattern, which signals that a stock can be bullish now.
2. Morning Star
It is a candlestick pattern consisting of three candlesticks, It is a bullish pattern used by technical analysts to predict the market. A morning star forms after a downtrend and it shows the starting of an uptrend. It is a sign of a reversal in the price. Traders spy on charts for the formation of a morning star and then seek confirmation that a reversal is coming or not.
3. Evening Star
It is a candlestick pattern consisting of three candlesticks, It is a bearish pattern used by technical analysts to predict the market. An evening star forms after an uptrend and it shows the starting of a downtrend. It is a sign of a reversal in the price. Traders spy on charts for the formation of a morning star and then seek confirmation that a reversal is coming or not.
4. Kicker Signals
It is a two-bar candlestick pattern to predict a change in the direction of a trend. This pattern is characterized by a sharp reversal in price over the span of two candlesticks. Traders use it to determine which trend of market participants is in power.
Hope you all like it
Make sure to follow us and leave a comment
Thank you Bye-Bye 🙏
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