🙏HOW TO BECOME TRADER IN STOCK MARKET 🙏🔨

 In this section, i will show you different trades examples to help you

understand how to trade the market using all the strategies discussed

in the previous sections. See the first example below:

As you can see in the chart above, the market is trending down, so as

a price action trader, i will try to follow the trend and look for powerful

signals at the most powerful key levels.

The first signal we got is a pin bar that was rejected from a support

level that becomes resistance.

The second factor that support our decision to sell the market is the

rejection of the pin from the 50% Fibonacci retracemen

ISLAND REVERSAL PATTERN 

Island inversions are solid momentary pattern inversion signals. They are distinguished by a hole between an inversion candle and two candles on one or the other side of it. Here is a bullish model. The cost is dropping down, holes lower, then, at that point, holes up and proceeds higher.

The following is a negative illustration of a similar example.

Section: The island inversion shows uncertainty and a fight among bulls and bears. This is frequently portrayed by a long-finished doji light that has high volume happening after a lengthy pattern. It is after the hole and move the other way that an exchange is taken. For the negative example, enter short after the hole and move the other way. For the bullish example, enter long after the hole and move the other way.

Leave: A leave alludes to both the objective and stop-misfortune. With this example, you need to catch the push in value that follows that example, yet when that push begins to debilitate, the time has come to get out. In the event that the cost moves back to fill the hole, the inversion design is discredited, and you ought to leave immediately. Thusly, a stop-misfortune can be put in the hole or close the "island" flame.

HOOK REVERSAL PATTERN

Hook reversals are short- to medium-term reversal patterns. They are identified by a higher low and a lower high compared with the previous day. Here are bullish and bearish examples of the patterns.

Below is a bearish example of the same pattern.

TAKE TRADE:- On the bullish pattern, there is downtrend, followed by two up days. The first or second up day breaks the high of the last down day. It is the second up day when a long trade should be taken, as the pattern indicates that the price could continue to rally. For the bearish pattern, there is an uptrend, followed by two down days, and either the first or second down day breaks the low of the last up day. It is the second down day on which a short trade should be taken, as the pattern indicates the price could slide lower.

LEAVE: Know your exit points before trading this pattern. In most cases, you will see a sharp reversal, as shown in the chart above. Anything to the contrary indicates that the pattern is not working, so exit immediately. Therefore, a stop-loss can be placed above the recent high for a bearish pattern, or below the recent low for the bullish pattern. We can't know how long the reversal will last based on the pattern alone. Therefore, maintain the trade for as long as the price is moving in the expected direction. When the move weakens or a pattern in the opposite direction occurs, take your profit

SAN-KU (THREE GAPS) PATTERN

The SAN-KU (THREE GAPS) PATTERN is an anticipatory trend reversal signal. The pattern does not indicate an exact point of reversal. Rather, it indicates that a reversal is likely to occur in the near future. The pattern is created by three trading sessions in a row with gaps in between. While each candle doesn't necessarily have to be large, usually at least two or three of the candles are. 

Here is a three gaps pattern that signaled the end of an uptrend. The price is accelerating higher. There are three gaps higher in a row. Since such momentum can't last forever, the buyers are eventually exhausted and price moves the other way.

Section: This example works on the reason that the cost is probably going to withdraw after a sharp move since dealers will begin taking benefits. For extra proof of the chance of an inversion, search for limits in the general strength file (RSI) or anticipate a hybrid of the moving typical combination disparity (MACD)

EXIT: This pattern anticipates a reversal. If it doesn't happen, get out of any trade that was taken because of this pattern. Price must follow through in the anticipated direction in order for the signal to be valid. Stop-loss orders can be placed above the high of the pattern if going short. Ride the downward momentum while it lasts. Since it is unknown how long the sell-off will last, take profits when you see a reversal signal in the opposite direction or when the selling momentum slows.