Ali Muhammad
When the current candlestick takes out both sides of the previous candlestick, then it means scenario 3 has been formed on the chart. It is also known as the engulfing pattern or outside bar in trading. In the strat patterns, scenario 3 tells about the expansion of price range and a major trend reversal. The … Read more
When only one side of the previous candlestick is taken out by the current candlestick, scenario 2 on the chart occurs. This scenario shows the market trend. From the three scenarios of the strat patterns, scenario 2 tells us about the market’s trend, either bullish or bearish. When both candlesticks are bullish, the price is … Read more
Definition When neither side of the previous candlestick is taken out by the current candlestick then it makes scenario 1 on the candlestick chart. It is also known as the inside bar. There are three major scenarios that are the building blocks of the market in the strat patterns. Inside bar is scenario 1 in strat … Read more
Introduction Shooter is a candlestick pattern in which a small body forms at the lower end of the candlestick’s range and a long upper shadow. The upper shadow should be at least three times the length of the body. It is a bearish reversal candlestick pattern that turns the bullish trend into bearish. In the … Read more
Definition Doji is a candlestick pattern with the same opening and closing price on the chart. It represents the indecision in the market and sideways market conditions. When a doji candlestick forms on the chart, it confirms to the retail traders that the institutions and banks are making decisions. The number of buyers is equal … Read more
Introduction Hammer is a candlestick Pattern in which a small body forms at the upper end of the candlestick’s range with a long lower shadow/wick at least three times the length of the body. It is a bullish reversal candlestick pattern. After the formation of the hammer candlestick at the end of the downtrend, the … Read more
The building blocks of the strat trading are the three scenarios: These scenarios explain everything about entry, exit and holding a trade. In this article, I will explain these three scenarios through live examples from multiple timeframes and price patterns that make these scenarios. Understanding these three scenarios is essential for traders because this is … Read more
A candlestick is an indicator that shows the open, high, low and closing prices of the financial market on the trading chart. Candlestick is invented by Steve Nison. Think of candlestick analysis as a visual representation of the market’s heartbeat on your trading chart. It allows you to easily pinpoint the closing price of a … Read more
The Strat Patterns is a trend trading method that uses the method of aligning the prices on different timeframes and then trading in that direction. Most of the traders will know that Trend is Your Friend. It’s reality. It is straightforward to follow trend trading using strat patterns. The Strat trading method gives traders a … Read more