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Traders have been waiting a long time for this! Using his newly developed real body/shadow progression, Steve gives you the logical progression of the order of importance of single white lines from least to most bullish. See which is the more important part of the candle line – the real body or the shadow. Then learn all the insider tactics and strategies with the “one-sided shadowed candles” of hammers and shooting stars. Have you ever seen a double or triple group of candles signals and can’t tell if they are net bullish or bearish? Then you’ll want to use the insights of the blended candle line including a new strategy of the blended candle technique. Think a tweezers top or bottom means the same highs to lows? See what is even more important for the tweezers.
Here's what you'll learn:
- Real body or shadow – which is more important and why
- 10 white real body candle lines: from weakest to strongest
- 10 black real body candle lines in order of weakness
- Advanced Hammer
- Strict compared to basic criteria
- Detailed psychology behind the pattern
- Momentum trading
- Price confirmation
- The “Power Line”
- How to increase success with this pattern
- Using retests of the lower shadow
- Dragonfly doji
- The Hanging Man
- Why to be careful with this pattern
- Why price confirmation is especially important for this pattern
- Advanced Shooting Star
- Strict compared to basic criteria
- Detailed psychology behind the pattern
- Momentum trading
- Price confirmation
- Gravestone doji
- The Inverted Hammer
- Why to be careful with this pattern
- Why price confirmation is especially important for this pattern
- The Blended Candle Line
- Definition and Construction
- Using the blended candle to see if a combination of candle lines are bullish or bearish
- How to use blended candle insights to determine the importance of a candle reversal
- Tweezers tops and bottoms
- Correct interpretation
- Common misuses
- When is price confirmation important for these patterns
- Strategies for making this pattern even more effective
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