Engulfing candle sticks are a great confirmation to entry when trading trend reversals.
When a trend is going on for a long time, we can expect a reversal soon.
To trade reversals, we can use engulfing candlesticks as a confirmation.
A bullish engulfing candle at the end of a downtrend, is a great BUY signal.
A bearish engulfing candle at the end of an uptrend, is a great SELL signal.
@CryptoTrades #education #trading #candlesticks #bullishengulfing #bearishengulfing #engulfing #signals #cryptotradespremium #winningsignals
When a trend is going on for a long time, we can expect a reversal soon.
To trade reversals, we can use engulfing candlesticks as a confirmation.
A bullish engulfing candle at the end of a downtrend, is a great BUY signal.
A bearish engulfing candle at the end of an uptrend, is a great SELL signal.
@CryptoTrades #education #trading #candlesticks #bullishengulfing #bearishengulfing #engulfing #signals #cryptotradespremium #winningsignals
This is a very important subject … What is inside your trading plan?
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We are going to share with you what we have inside ours. You should treat it like a bible, your trading plan should tell you every rule you need when you sit down at your desk and chair and trade everyday.⠀
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In our trading plan, we have al our risk management rules, all of our entry reasons that we look for, all of our reasons for stop loss and take profit placements, all of our exit reasons and most importantly our why.⠀
⠀
Our why is important, WHY? You might ask... Because if you look at your why everyday, it will help you stay disciplined and stick to your plan. You will see why you are really putting in the work you are putting in and it will keep you focussed and on the right track.⠀
⠀
Go back to your trading plan, edit it and let me ask you again, what’s inside your trading plan?⠀
⠀⠀
@CryptoTrades #education #tradingplan #strategy #signals #cryptotradespremium #winningsignals
⠀
We are going to share with you what we have inside ours. You should treat it like a bible, your trading plan should tell you every rule you need when you sit down at your desk and chair and trade everyday.⠀
⠀
In our trading plan, we have al our risk management rules, all of our entry reasons that we look for, all of our reasons for stop loss and take profit placements, all of our exit reasons and most importantly our why.⠀
⠀
Our why is important, WHY? You might ask... Because if you look at your why everyday, it will help you stay disciplined and stick to your plan. You will see why you are really putting in the work you are putting in and it will keep you focussed and on the right track.⠀
⠀
Go back to your trading plan, edit it and let me ask you again, what’s inside your trading plan?⠀
⠀⠀
@CryptoTrades #education #tradingplan #strategy #signals #cryptotradespremium #winningsignals