📚 Price Action: How to trade support and resistance w/ advanced technique binary option candlestick

Tài Chính, Ngân Hàng, Bảo Hiểm



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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

Bullish reversal pattern and bearish reversal pattern is a one of the chart pattern of candlestick in technical analysis. It gives you signal for change in trend of stock. Bullish reversal pattern mean a stock can convert into downtrend zone from uptrend zone in future.

One of the most popular candlestick patterns for trading forex is the doji candlestick (doji signifies indecision). This reversal pattern is either bearish or bullish depending on the previous candles. It will have nearly, or the same open and closing price with long shadows.

Reversing candles are a special type of candle which are comprised of two layers of wax. The inner layer is red, while the outer layer is black. Reversing candles come in a variety of shapes and sizes including Tapers, Jumbo Candles, Vigil Lights, and Human Figural Candles.

As the name suggests, the evening star projects an opposite signal from that of the morning star. It is a bearish candle reversal pattern made up of three candles. It twinkles after an uptrend, and it signals that the price may fall.

A reversal is a change in the price direction of an asset. … Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart. Certain indicators, such a moving average or trendlines, may help in isolating trends as well as spotting reversals.

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47 thoughts on “📚 Price Action: How to trade support and resistance w/ advanced technique binary option candlestick


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  2. The comment section on this video gets bombarded by spam commenters from binary options companies. Please do not trust any links or email addresses provided in the comments section. We try to filter as much spam as possible.


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  7. FIRST OF ALL THANKYOU FOR YOUR WONDERFULL EXPLANATION,SIR
    but, i have a doubt,sir. after a downtrend there a reversal happening which is a sign of uptrend,my dobt is in the uptrend can i use this concept (which is explained in the above video) in all above resistance areaor not sir? explain me please,sir.


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  13. Hi…Benjamin Taylor Sir.

    You explained everything superbly about snr level.

    Long Downtrend, After breakout of key level,trend do some correction.

    1) If candlestick only touch resistance level, you can put.

    2) If candle break resistance level with very small body, you can put.

    3) If candle break resistance level with nearly 40% of body, but less than 50% of body, then next candle must be bearish.

    But,if this candle can't break resistance level then you can trade call after this bearish candle.

    4) If candle break resistance level with weak candle,next candle also weak, you can put,because it's can't unfold like it should.

    5) if last candle has some distance from resistance level, then next trade must be call, because we need that this gap fill by anykind of candle or no rejection trading setup.

    6) if candle break resistance level with more than 50% body with determination, next trade must be call.

    Thanks again for another great trading educational video.


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  16. there are two channels on youtube about binary which can be trusted
    1 BO TURBO TRADER
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    BENJAMIN & MY FELLOW COUNTRYMAN HEMRAJ


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  19. Hello mentor 😄
    Perfect explanations bro.
    The more often resistance zone is hit sellers will reduce and polarity will change into support. The way you explained how we can gather hints and confirm that polarity has changed?
    Because this fake break out thing happens all the time.


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  31. I started binary option trading 4-5 month ago…in starting i go through various pdf available on internet and watch lot of stuff on youtube from other channel. i was not getting satisfaction as i want to get the core and depth knowledge of everything..but than from one telegram group i get the reference of you youtube channel and i get all the things a person need to be pro in trading its been now 1 and half month watching your videos continuosly and now i can trade by myself and it only benjamin sir who v=can provide us that much valuable content even without charging a single $…..thankyou soo much sir many new traders like me are learning from your content and oneday i will do something excellent for you in return of your hardwork you putting for us….thankyou sooooo much sir GOD Bless you


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