Candlestick Patterns in Reversal Trading
Reversals are powerful when:
Patterns appear on key levels
Trend is exhausted
Volume divergence occurs
Examples:
Morning Star at support
Shooting Star at resistance
Engulfing candles at major swing points
Combining Candles with Indicators
Although candles alone are powerful, combining them with indicators increases win probability.
Best indicators:
RSI for overbought/oversold
Volume Profile / Market Structure
MACD for momentum shift
Moving averages for trend direction
Reversals are powerful when:
Patterns appear on key levels
Trend is exhausted
Volume divergence occurs
Examples:
Morning Star at support
Shooting Star at resistance
Engulfing candles at major swing points
Combining Candles with Indicators
Although candles alone are powerful, combining them with indicators increases win probability.
Best indicators:
RSI for overbought/oversold
Volume Profile / Market Structure
MACD for momentum shift
Moving averages for trend direction
I built a Buy & Sell Signal Indicator with 85% accuracy.
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
I built a Buy & Sell Signal Indicator with 85% accuracy.
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
📈 Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.