List 2 of 16 (Bearish Engulfing Pattern) Indicators are Most Effective and Visible in this Forex market.

List of 2 of 16 Indicators are Most Effective and Visible in this Forex market.

I’ve seen it before, remember it again now.

Meta trader 4 has three types of strategies in forex market management, guidance for understanding forex market movements.

1.line chart.
2.bar chart
3.candlestick chart
Among these candlestick charts are the most followed with 80% usage.
So, I am going to write about 16 most effective indicators, these 16 indicators are most effective and most visible in this market, please read in Patience, I hope it will be useful for newbies.

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List 2 of 16 Indicators are Most Effective and Visible in this Forex market.

In short, this is a market uptrend, a large pattern of trend Bearish and is called a Bearish engulfing pattern.
As usual market volatility is based on three news items in the forex market.

Bearish Engulfing pattern

of three Trade a combination indicators

(Note :-forex market is very up and down, {high volatility}and very risky, so be careful, every trade is done at your own will, I am not responsible for any financial issues)

We know that market trends are basically of three types.

1.Up trend.

2.Down trend,

3.Sideways trend

Originally, we observe two types of trends, these two types of trend candlestick chart create two types of candles,

Uptrend bullish candle

• Bearish candle in downtrend,
• Most of us traders color bullish candlesticks green, and bearish candlesticks red. It’s shown in the picture, you can do any color you want. In the figure above, numbers 1 to 5 are Indicate marked.
• In the figure above, numbers 1 to 5 are Indicate marked.
• 1. No up-trend Line
• 2. Small Bullish Candle
• 3. Big Bearish Candle start
• 4. Bid Bearish candle
• 5. Shows how Lower down it closed
• The double of a Bearish candle is a Bullish candle, such that a bullish candle can easily rest on the belly of a bearish candle, so if the market trend turns, then the candle can be Bullish, but very small (Because maybe big investors see the market trend and withdraw from the market ) It is shown how Lower the chart no 5 closed, because if a Sell trade is to be placed, it should be placed above new candle (Down the big Bearish candle) it.But expert traders follow a principle that a combination of three indicators makes a trade either buy or sell, which I see in the next diagram,
• Here No. 1 up trend line.
• No. 2 bearish candle Engulfing Bullish candle.
• No. 3 Moving average Haier High.
• No. 4 is RSI Indicate overbought 3 time.
• No 5 shows how Lower it closed,

No. 1= Bearish candle Engulfing Bullish candle.
Bearish Engulfing pattern (Indicate Sell )
No. 2= Moving average Haier High ( Indicate sell )
No. 3= is RSI Indicate overbought 3 time (indicate sell)
All three indicators indicate sell, so a sell trade can be done
here .To do each trade, the first thing to do to see if the traders has the ability to trade (fixing money management). 2nd, to combine the three indicators. 3rd, don’t forget to give stop loss. If you trade according to these, the probability of profit is 80%.
If any more about this please comment.
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