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Thursday, May 21, 2020

Dummy Trend Pattern by Stock Alphabets

Dummy Trend pattern: 
Dummy trend pattern design by Rahulprasad Yadav deciding to change short term trend consist of combination three candlestick pattern either red or green 
if red candle then  1st & 2nd candle lower low,2nd  & 3rd candle higher high
if green candle then  1st & 2nd candle Higher high,2nd  & 3rd candle lower low

TRADING TOOLS 


  • Time frame: Intraday((15 minute) / Positional(Daily)
  • Candlestick

  RULES FOR LONG/Short TRADE

  1. If green candle then  1st & 2nd candle Higher high,2nd  & 3rd candle lower low
  2. After closing 2nd(High) and 3rd candle(low) take entry either side break
  3. if your looking for Buy Enter into the trade after completion of the candle and put stop-loss at the swing  low of this candle vise versa

📌 RULES FOR SHORT/Long TRADE

  1. If green candle then  1st & 2nd candle Higher
    high,2nd  & 3rd candle lower low
  2. After closing 2nd(High) and 3rd candle(low) take entry either side break
  3. if your looking for Buy Enter into the trade
  4.  after completion of the candle and put stop-loss at the swing  low of this candle vise versa
  5. Enter into the trade after completion of the candle and put stop-loss at the swing high of this candle





2 on: "Dummy Trend Pattern by Stock Alphabets"
  1. Sir please make a video dummy trend pattern for better understanding. Thank you so such for your support

    ReplyDelete