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Candlesticks Pattern with Alligator Strategies

Candlesticks Pattern with Alligator Strategies

Candlesticks Pattern with Alligator Strategies

Alligator is a vast usable indicator for technical analysts. When candle pattern
use with alligator indicator, it will highly risk-reward ratio strategy.
This lesson you will discover how to use alligator with candlesticks pattern
properly.
Just follow earnmoneyfx.com provided properly.
Forty-two more candlesticks pattern we found in the chart. As below here, we
discussed the most repeatable pattern. They are….

 Alligator Indicator with Bullish Engulfing Candlesticks Pattern
Entry-Exit Strategy
 Alligator Indicator with Bearish Engulfing Candlesticks Pattern
Entry-Exit Strategy
 Alligator Indicator with Morning Star Candlesticks Pattern Entry-
Exit Strategy
 Alligator Indicator with Shooting Star Candlesticks Pattern Entry-
Exit Strategy
 Alligator Indicator with Piercing Candlesticks Pattern Entry-Exit
Strategy
 Alligator Indicator with Dark Cloud Cover Candlesticks Pattern
Entry-Exit Strategy
 Alligator Indicator with Bullish Harami Candlesticks Pattern Entry-
Exit Strategy
 Alligator Indicator with Bearish Harami Candlesticks Pattern Entry-
Exit Strategy
 Alligator Indicator with Hammer Candlesticks Pattern Entry-Exit
Strategy
 Alligator Indicator with Doji Candlesticks Pattern Entry-Exit
Strategy
 Alligator Indicator with Pin Bar Candlesticks Pattern Entry-Exit
Strategy

 Alligator Indicator with Inside Bar Candlesticks Pattern Entry-Exit
Strategy
 Alligator Indicator with Evening Star Candlesticks Pattern Entry-Exit
Strategy

 

What is Alligator Indicator?

According to Investopedia, Unbelievable broker Bill Williams, an early pioneer
of the market brain research, built up the pattern following Alligator marker,
which follows the reason that monetary business sectors and individual
protections pattern only 15% to 30% of the time while pounding through
sideways ranges the other 70% to 85% of the time.

Williams accepted that people and foundations will in general, gather the
majority of their benefit’s during firmly drifting periods.

The Williams Alligator pointer is a specialized investigation apparatus that
utilizations smoothed moving midpoints.
The pointer utilizes a smoothed normal determined with a basic moving
normal (SMA) to begin.

It utilizes three moving midpoints, set at five, eight, and 13 periods. The three
moving midpoints include the Jaw, Teeth, and Lips of the Alligator.

The pointer applies union disparity connections to construct exchanging
signals, with the Jaw making the slowest turns and the Lips making the
quickest turns.

 

How the Willaims Alligator Indicator Works:

The Alligator pointer utilizes three smoothed moving midpoints, set at five,
eight, and 13 periods, which are all Fibonacci numbers.

The underlying smoothed normal is determined with a straightforward
moving normal (SMA), including extra smoothed midpoints that hinder
pointer turns.

 

Computation of the Alligator Indicator:

Straightforward moving normal (SMA):
SUM1 = SUM (CLOSE, N)
SMMA1 = SUM1/N

Ensuing qualities are:
PREVSUM = SMMA(i-1) *N
SMMA(i) = (PREVSUM-SMMA(i-1)+CLOSE(i))/N

Where:
SUM1 – the total of shutting costs for N periods;
PREVSUM – smoothed total of the past bar;
SMMA1 – smoothed moving normal of the principal bar;
SMMA(i) – smoothed moving normal of the current bar (aside from the first);
CLOSE(i) – current shutting cost;
N – the smoothing time frame.

How the pointer is determined is significant for understanding the internal
activities of the marker. Fortunately, the computation isn't needed practically
speaking. The Alligator marker can be added to your outlines from the pointer
list in your diagramming or exchanging stage.

The three moving midpoints involve the Jaw, Teeth, and Lips of the Alligator,
opening, and shutting in response to developing patterns and exchanging
ranges:

Jaw (blue line): Starts with the 13-bar SMMA and is smoothed by eight bars
on resulting esteems.
Teeth (red line): Starts with the eight-bar SMMA and is smoothed by five
bars on ensuing qualities.
Lips (green line): Starts with the five-bar SMMA and smoothed by three bars
on ensuing qualities.

Williams summoned farm symbolism to portray the pointer, noticing " even a
visually impaired chicken will discover it’s corn on the off chance that it is
constantly taken care of simultaneously … it took us years however we have
createsd a marker that lets us generally keep our powder dry until we arrive
at the visually impaired chicken’s the market.

 

What is Candlesticks Pattern?
According to Wikipedia, In technical Analysis, a candlesticks pattern is a
development in costs demonstrated graphically on a candle diagram that
some accept can foresee a specific the market development. The
acknowledgment of the example is emotional and programs that are utilized
for the graphing need to depend on predefined rules to coordinate the
example. There are 42 perceived examples that can be part into
straightforward and complex patterns.

The absolute most punctual specialized exchanging investigation was utilized
to follow costs of rice in the eighteenth century. A great part of the credit for
candle diagramming goes to Munehisa Homma (1724–1803), a rice vendor
from Sakata, Japan who exchanged the Ojima Rice the market in Osaka during
the Tokugawa Shogunate. As per Steve Nison, be that as it may, candle
graphing came later, most likely start after 1850.

What is Candlesticks Pattern?

 

Candles are graphical portrayals of value developments for a given timeframe.
They are generally shaped by the opening, high, low, and shutting costs of a
budgetary instrument.

On the off chance that the initial cost is over the end value, at that point a filled
(typically red or dark) candle is drawn.

 

On the off chance that the end cost is over the initial value, at that point
typically a green or an empty candle (white with dark layout) is appeared.

The filled or empty bit of the light is known as the body or genuine body, and
can be long, ordinary, or short contingent upon it’s extent to the lines above or
underneath it.

The lines above and beneath, known as shadows, tails, or wicks speak to the
high and low value ranges inside a predefined timeframe. Notwithstanding,
not all candles have shadows.

 

Image 1:Bullish Engulfing Entry

 

Alligator Indicator with Bullish Engulfing Entry-Exit Strategy:
Bullish Engulfing:

 

 

alligetor

It consists of a small black body that is contained within the
followed large white candlestick and when it occurs at bottom it
is interpreted as a major reversal signal.

 

 

Image point number – 1, Candlesticks close above alligator indicator.
And the movement is full of impulsive. You have to watch the the
market. Anything can happen here. It will be long or short opportunity.

Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A bullish engulfing candlesticks creates
above alligator indicator. It’s long signal for Conservative or Aggressive
trader.
Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips above of the Bullish Engulfing
candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of Engulfing candlesticks.

Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

Bearish Engulfing Entry

 

Alligator Indicator with Bearish Engulfing Entry-Exit Strategy:
Bearish Engulfing:

 

bearish engelfing It consists of a small white body that is contained within the
followed large black candlestick and when it appears at the top it is
identify as a major reversal signal.

 

 

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A bearish engulfing candlesticks creates
below alligator indicator. It’s short signal for Conservative or Aggressive
trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips above of the Bearish Engulfing
candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Engulfing candlesticks.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

 

Morning Star

 

Alligator Indicator with Morning Star/Doji Star Candlesticks
Pattern Entry-Exit Strategy:

Morning Star/Doji Star Candlesticks Pattern:

 

 

 

 

Morning Doji Star Consists

Morning Doji Star Consists of a large black body candlestick
followed by   Doji  that occurred below the preceding candlestick.
The next day, a third white body candlestick is formed that closed
well into the black body candlestick which appeared before the
Doji. It considered as a major reversal signal which is more
bullish than the regular morning star pattern because of the
existence of the Doji.

  Morning Star Consists of a large black body candlestick followed
by the small body (black or white) that occurred below the large black body
candlestick. The next day, a third white body candlestick is formed that closed
well into the black body candlestick which considered as a major reversal
signal when it appears at the bottom.

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A morning star candlesticks pattern creates
between alligator indicator. It’s long signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips above of the Bearish Engulfing
candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of morning star candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

 

 

Shooting Star

 

 

Alligator Indicator with Shooting Star Candlesticks Pattern
Entry-Exit Strategy:

Shooting Star Candlesticks Pattern:

 

Shooting Star Candlesticks Pattern

It’s a black or a white candlestick which has a small body, a long
upper shadow, a little or no lower tail. And it's considered a
bearish pattern in an uptrend.

 

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A shooting star candlesticks pattern creates
between alligator indicator. It’s short signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the shooting star
candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of shooting star candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

 

Piercing Candlesticks Pattern

 

 

Alligator Indicator with Piercing Candlesticks Pattern Entry-Exit
Strategy:

Piercing Candlesticks Pattern:

 

Piercing Candlesticks Pattern

It’s Consists of a black candlestick followed by a white
candlestick that opens lower than the low of preceding but
closes more than halfway into the black body candlestick. And it's
considered as a reversal signal when it appears at the bottom.

 

Image point number – 1, Candlesticks close above alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A piercing candlesticks pattern creates
between alligator indicator. It’s long signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips below of the piercing candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of piercing candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

 

Dark Cloud Cover Candlesticks Pattern

 

 

Alligator Indicator with Dark Cloud Cover Candlesticks Pattern
Entry-Exit Strategy:

Dark Cloud Cover Candlesticks Pattern:

 

Dark Cloud Cover Candlesticks Pattern

It’s consists of a long white candlestick followed by a black
candlestick that opens above the high of the white candlestick
and closes well into the body of the white candlestick. And it’s
considered as a bearish reversal signal during an uptrend.

 

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the the
market. Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.

Image point number – 3, A Dark Cloud Cover candlesticks pattern
creates between alligator indicator. It’s short signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the Dark Cloud Cover
candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Dark Cloud Cover candlesticks
pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

Bullish Harami Candlesticks Pattern

 

 

Alligator Indicator with Bullish Harami Candlesticks Pattern
Entry-Exit Strategy:

Bullish Harami Candlesticks Pattern:

 

Bullish Harami Candlesticks Pattern

It’s consists of an unusually large black body followed by a
small white body (contained within large black body). And it’s
considered as a bullish pattern when preceded by a
downtrend.

 

Image point number – 1, Candlesticks close above alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Bullish Harami candlesticks pattern creates
between alligator indicator. It’s long signal for Conservative or
Aggressive trader.

Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips below of the Bullish Harami
candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of Bullish Harami candlesticks
pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

Image 8:

Bearish Harami Candlesticks Pattern

 

 

Alligator Indicator with Bearish Harami Candlesticks Pattern
Entry-Exit Strategy:

Bearish Harami Candlesticks Pattern:

 

Bearish Harami Candlesticks Pattern

It’s consists of an unusually large white body followed by a
small black body (contained within large white body). And it’s
considered as a bearish pattern when preceded by an uptrend.

 

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Bearish Harami candlesticks pattern
creates between alligator indicator. It’s short signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the Bearish Harami
candlesticks.

Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Bearish Harami candlesticks
pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

Hammer Candlesticks Pattern

 

 

(A): Alligator Indicator with Hammer Candlesticks Pattern Entry-
Exit Strategy:

Hammer Candlesticks Pattern:

 

Hammer Candlesticks Pattern

It’s a black or a white candlestick that consists of a small
body near the high with a little or no upper shadow and a
long lower tail. Also considered a bullish pattern during a
uptrend.

 

Image point number – 1, Candlesticks close above alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Hammer candlesticks pattern creates
between alligator indicator. It’s long signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips below of the Hammer candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of Hammer candlesticks pattern.

Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

 

Inverted Hammer Candlesticks

 

 

(B): Alligator Indicator with Inverted Hammer Candlesticks
Pattern Entry-Exit Strategy:

Inverted Hammer Candlesticks Pattern:

A black or a white candlestick in an upside-down hammer
position.

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Inverted Hammer candlesticks pattern
creates between alligator indicator. It’s short signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the Inverted Hammer
candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Inverted Hammer candlesticks
pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

Pinbar

 

 

(A): Alligator Indicator with Pinbar Candlesticks Pattern Entry-
Exit Strategy:

Pinbar Candlesticks Pattern:

 

It’s formed when the opening and the closing prices are at
the highest of the day. When it has a longer lower shadow
it signals a more bullish trend. Also appearing at the
market bottoms it’s considered to be a reversal signal.
Image point number – 1, Candlesticks close above alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Pinbar candlesticks pattern creates
between alligator indicator. It’s long signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips below of the Pinbar candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of Pinbar candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

 

Pinbar Candlesticks

 

(B): Alligator Indicator with Pinbar Candlesticks Pattern Entry-
Exit Strategy:

Pinbar Candlesticks Pattern:

 

It’s formed when the opening and closing prices are at the
lowest of the day. When it has a longer upper shadow it signals
a bearish trend. Also it appears at the market top it is
considered a reversal signal.

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Pinbar candlesticks pattern creates
between alligator indicator. It’s short signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the Pinbar candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Pinbar candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

Doji Candlesticks Pattern

 

 

(A): Alligator Indicator with Doji Candlesticks Pattern Entry-
Exit Strategy:

Doji Candlesticks Pattern:

 

It’s Formed when opening and closing prices are virtually
the same. Also the lengths of shadows can vary.

Image point number – 1, Candlesticks close above alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Doji candlesticks pattern creates between
alligator indicator. It’s long signal for Conservative or Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips below of the Doji candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of Doji candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

 

Doji Candlesticks

 

 

(B): Alligator Indicator with Doji Candlesticks Pattern Entry-
Exit Strategy:

Doji Candlesticks Pattern:

 

It’s Formed when opening and closing prices are virtually the
same. Also the lengths of shadows can vary.

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Doji candlesticks pattern creates between
alligator indicator. It’s short signal for Conservative or Aggressive
trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the Doji candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Doji candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

Inside Bar Candlesticks Pattern

 

 

(A): Alligator Indicator with Inside Bar Candlesticks Pattern
Entry-Exit Strategy:

Inside Bar Candlesticks Pattern:

 

It’s consists of an unusually large black body followed by a
small white body (contained within large black body). And
it’s considered as a bullish pattern when preceded by a
downtrend.

Image point number – 1, Candlesticks close above alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.

Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.
Image point number – 3, A Inside Bar candlesticks pattern creates
between alligator indicator. It’s long signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
BUY STOP order two to five pips below of the Inside Bar candlesticks.
Image point number – 5, After hit BUY STOP order you have to place
STOP LOSS two to five pips below of Inside Bar candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing high or 1: 2 more risk-reward ratio as
per their choice.

 

Inside Bar Candlesticks

 

 

(B): Alligator Indicator with Inside Bar Candlesticks Pattern
Entry-Exit Strategy:

Inside Bar Candlesticks Pattern:

 

It’s consists of an unusually large white body followed by a
small black body (contained within large white body). And
it’s considered as a bearish pattern when preceded by an
uptrend.

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.

Image point number – 3, A Inside Bar candlesticks pattern creates
between alligator indicator. It’s short signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the Inside Bar candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Inside Bar candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

 

Evening Star Candlesticks Pattern

 

 

Alligator Indicator with Evening Star Candlesticks Pattern
Entry-Exit Strategy:

Evening Star Candlesticks Pattern:

 

It’s consists of a large white body candlestick followed by a
small body candlestick (black or white) that gaps above
the previous. And the third is a black body candlestick that
closes well within the large white body. It’s considered as
a reversal signal when it appears at top level.

Image point number – 1, Candlesticks close below alligator indicator.
And the movement is full of impulsive. You have to watch the market.
Anything can happen here. It will be long or short opportunity.
Image point number- 2, After impulsive mode price goes to corrective
mode. It’s time to wait and observe.

Image point number – 3, A Evening Star candlesticks pattern creates
between alligator indicator. It’s short signal for Conservative or
Aggressive trader.
Image point number –4, Conservative or Aggressive trader put their
SELL STOP order two to five pips below of the Evening Star
candlesticks.
Image point number – 5, After hit SELL STOP order you have to place
STOP LOSS two to five pips above of Evening Star candlesticks pattern.
Image point number – 6, Conservative or aggressive traders place
their take profit level near swing low or 1: 2 more risk-reward ratio as
per their choice.

 

more have strategy  click hare 

 

 

~~~~~~~~~~~~~~~~~~~~ THANKS ~~~~~~~~~~~~~~~~~~~~~

 

 

 

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