Binary Trading Strategies Series 6: Top Candlesticks Pattern

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The great secret is the simplest one. Do not struggle how to trade binary using doji candlestick pattern indicators telling you different things, installing programs, robots or signals. Candles create different shapes which predict a certain market movement. It shows some kind of limit higher or lower of which the price should not move. Those are market turning points. T-shaped candles with same open and close price which are located at the highest or lowest level of the candle.

It is formed by 5 candles. Two outer candles are bearish. Three inner candles can be bullish. The main point is those three candles do not exceed the first red candle open price.

Inner candles move inside the range of the red candle without breaking out. Similar to the falling three pattern but indicates bullish market. The pattern starts with the long green candle. Following are three red candles which are located inside the range set by the first green candle. Another long green candle closes that pattern. If you see that combination - bullish trend is continuing. A reversal pattern What: The first candle of one color will be smaller that the second candle of another color.

The bigger candle indicates the trend. Keep on learning and developing your trading skills with your favourite broker! How to trade binary using doji candlestick pattern on Demo platform while we are preparing new useful tricks and strategies for the next week! Once you have mastered these patterns, switch to Real platform!

Dijkstra The great secret is the simplest one. Dragonfly and Gravestone Doji What: T-shaped candles with same open and close price which are located at the highest or lowest level of the candle The falling three What: The rising three Similar to the falling three pattern but indicates bullish market.

Engulfing and Engufling A reversal pattern What: Sincerely yours, Ayrex Team.

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