mother candle breakout

Posts: 127 · #31 - February 14, 2019, 05:05:04 AM

Quote from: Rendy94 on February 05, 2019, 10:56:15 PM

mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,

This is like the dominant candle pattern and I call it bearish engulfing where prices are in a condition where the seller's price is trapped by a candle which indicates that the price will be bearish. I call it bearish engulfing dominant.

Posts: 742 · #32 - February 14, 2019, 09:20:34 AM

Quote from: hafid87 on February 14, 2019, 05:05:04 AM

This is like the dominant candle pattern and I call it bearish engulfing where prices are in a condition where the seller's price is trapped by a candle which indicates that the price will be bearish. I call it bearish engulfing dominant.

if I see this not as engulfing but a candle that has a long range so this can show a great power that makes the price move so fast

Posts: 21 · #33 - February 25, 2019, 07:38:57 PM

I'm interested in this. one day I will study mother candle. for now I'm still focusing on the techniques of resistance and supply and demand support, because I'm still a user I'm afraid to use more than 2 then.

Posts: 227 · #34 - February 27, 2019, 08:43:27 AM

Quote from: Rendy94 on February 05, 2019, 10:56:15 PM

mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,

afternoon sir
Then ask, what is the name of this mother candle, it can be said as an engulf or bullish engulf bear.
because I see if like the picture above, it's almost similar

Posts: 9 · #35 - March 11, 2019, 12:06:03 AM

Sounds good. I am going to try this.

#36 - May 01, 2019, 02:01:02 AM

Quote from: hafizh on February 25, 2019, 07:38:57 PM

I'm interested in this. one day I will study mother candle. for now I'm still focusing on the techniques of resistance and supply and demand support, because I'm still a user I'm afraid to use more than 2 then.

I agree with your opinion sir, it is not good to mix several trading techniques into one

Posts: 175 · #37 - May 01, 2019, 12:35:06 PM

for the mother candle breakout there will indeed be a child's candle after a long mother candle occurs.
but sometimes in some cases there are fake signals from this mother's candle.
according to friends how to react?

Posts: 150 · #38 - May 11, 2019, 03:02:21 PM

Quote from: Rendy94 on February 05, 2019, 10:56:15 PM

mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,

Interesting treat sir..i want learn about the candlestick and i wish u update your treat for my lessons.thanks