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Saturday, January 16, 2021

BEARISH

Bearish candles show the market is moving in a descending pattern. Need a simple method to recollect this? Think about a bear attempting to smack down a colony for some nectar; just you're a broker and you're attempting to smack a few pips into your P/L articulation to help you see returns better than nectar! 

Presently, what makes a candle bearish? You got it: filled or dull shaded candles. When you spot one, make 

sure it follows the very body-to-wick proportion that we talked 

about for bullish candles. The body rule actually remains constant for bearish candles aside from this time, we're in a descending value development. Think about what they state is valid: the greater they are the harder they fall. Here are a couple of bearish developments that as often as possible spring up on the diagrams (see next page). 


Opening 

cost 

of the 

bullish 

flame 

Sell at the 

opening 

of the 

next 

flame. 


Defensive Stop Loss Order 15 pips over the high 

Opening 

cost of the 

bullish flame 

Close of the 

bearish 

flame must 

be past a 

60% u-turn. 

Sell at the opening 

of the following flame. 


Defensive Stop Loss Order 15 pips over the high 

Sell at the 

opening of the 

next flame. 

Defensive Stop Loss Order 15 pips over the high





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