The #1 Practical Trading Education: Charts, Candlesticks and Technical Analysis

Three Outside Up: A Powerful Bullish Reversal Candlestick Pattern Can three candles reveal a potential change in market direction? When studying the financial markets, candlestick patterns can help traders understand the battle between buyers and sellers. One pattern worth learning is the Three Outside Up , a bullish reversal signal that may indicate a shift from selling pressure to buying strength. In the screenshot from Investing.com, the Three Outside Up pattern is identified on the GBP/AUD currency pair on the daily timeframe. The platform describes it as a bullish reversal pattern with high reliability. But how does this pattern work, and how can traders use it? 1. What Is the Three Outside Up Pattern? The Three Outside Up is a three-candle formation that can signal a potential reversal from a downtrend to an uptrend. It develops in three stages: Candle 1: The bearish candle The first candle is bearish, meaning the closing price is below the opening price. This reflects the sellin...

so it took a week for this move to appear so what happened is the following: -On the   DMI Indicator   the   -DI was above the   ADX   a week before - -The   -DI   crossed below the   ADX   at the end of the week - -During this time the   +DI was above both of them   (-DI and ADX) - -The key is noting that it took a week for this move to happen - - Also the ROC showed a break out above the zero the same time this happened on the DMI - All this took about a week to happen and so our next duty is not to find another play but to wait for the next weekend for another signal in the forex market this will give us a clear head and risk managment control of our emotions stay safe. Rocket boost this content to   learn more. Disclaimer:Trading is risky hence start with a simulation trading account first before you trade with real money

 

 

  -- Let me tell you the amount of research i did just to be able to confidently write this message to you has been insane and hard. And i went down a rabbit hole. I couldn't stop but i had to come out for fresh air. This is what i have found... during this data of research this is the most fear i have ever felt. Let me tell you why... When i began trading around 2017 silver was one of the first assets i bought on margin . I did this during February around 2018 i lost all my money on this trade i remember i kept buying silver SI1! and the price kept crashing.. today the margin level for silver is high!! At that time i could only buy like "x2" margin. At that time this was considered very volatile and expensive. It was so expensive that you could lose your money in one bad trade Today the margin level is super high around "20x " minimum bro the amount of fear from the past has stuck with me because at the time i risked all i had it wasn't much but i had to ...