reversal candle formation day trading

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[dpasten]

Actually one candle above you have a 3 candle pattern the evening star pattern which consists the green bar the doji followed by a red bar which also is a reversal pattern (many variations possible btw) . So technically a double confirmation of a reversal 👌

[CullenHarris-vrjt]

I was under the impression they should be solid bodies. I would have taken the doji more into account. And there’s also potential for a 3 line strike with 3 candles like that. Relatively easy to engulf

[Daminatorrrr]

Looks like a liquidity grab right before the push upwards

[Mr-Craf-ty]

the question is what timeframe. every TF has candles.. and every TF have their own pattern

[santiago_ismond]

could you explain the different timeframes to look at and why

[RealNaisuCinema]

As I’m watching this I’m looking at that exact formation on my graph but it went up instead of down.

[staywithme]

In which time frame is the best for the 3 black crows?

[adambrady]

Expanded my mind on trades mate your brilliant 💪 🎉 but does it need the doji candle at the start or not ?

[hispeedinternet]

But it is opposite to 3 line strike right, here also 3LS is formed, so how to decide what to consider among both

[gonerc]

so if this is a 5 min chart, means you have to wait 15 min to figure it out? after a crazy run in just 5 min.

[yoozizzouu]

Hey Arty, big fan here from Pakistan. I wanna know what time frame to trade on using support and resistance only for scalping. I want to know if I can draw S/R lines on a 15 min chart and trade on it would that help me in making a decent sum of money every day? If its possible pls make a short on it.

[adesanyababsadebisi]

Does 3 opposite candles mean a reversal for at least 70% of the time ?

[yizzoManolo]

..iluv when u speak Japanese candlesticks lol