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Deliberation Pattern or Stalled Pattern

by admin April 5, 2019 1 min read 0 comments

Key Takeaways

  • Market conditions and their impact on trading decisions
  • Key levels and price action analysis
  • Risk management strategies for this setup

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– Normally it should be a signal of Bearish reversal of the current Trend.

– The Pattern is composed by Three White Candles: the First One and the Second One have their Real Body longer than the Real Body of the Third Candle.

– The Open and Close of each Candle, should be higher then The Open and Close of the Previous Candle.

– The Third Candle has a short Real Body, it can be also a Doji Candle; moreover, it has an Upper Shadow very tall. Lastly, it has the Open near the level of the Close of the Second Candle.

– The confirmation of the Bearish Reversal could be from the next Candles, when one of them (While is falling) overcomes the midpoint of the Real Body of the Second Candle.

Trading Data Snapshot

Always verify current market conditions before executing any trade. Past performance does not guarantee future results.

A
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Trading analyst and market commentator with expertise in technical analysis, price action, and risk management. Dedicated to helping traders make informed decisions.

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