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  • Candlestick 9:15 am on October 26, 2018 Permalink | Reply  

    Regarding multiple pattern 

    Questions From Readers

    ———————

    Thanks alot… But what does “a.b.c.d pattern” mean?

    if any pattern occurs we should see , from the left , whether the pattern is inside or outside
    of previous pattern.

    for example, if double block appears, we should check whether it is inside of another double block or color continuation.
    Then we have to place buy stop or sell stop, with respect to enclosed pattern high or low from right to left after candle closed lower or higher.

    am I right?

    Yes right.

    a.b.c =bull candlesticks uptrend

    d= bear candlestick colour changed. this means uptrend ends here

    so a.b.c.d means uptrend end

     
    • Candlestick 2:46 pm on October 25, 2018 Permalink | Reply  

      How to trade if multiple patterns appear? 

      Questions From Readers

      ———————

      Kindly clarify  how to trade if multiple patterns appear as in the attached screenshot?

      ———————

      a.b.c. all of them bull candlesticks

      d.bear candlestick

      colour changed white to black (bull candlestick to bear candlestick) and up trend end

      1.2.3.4 all of them a to d inside close

      so priority a.b.c.d pattern (sell)

       
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