In this article am going to show a candlestick pattern.
Candlestick Patterns are forward looking indicators.
This means it will show you signal before the Rocket Booster Strategy clicks.
The 🚀 Rocket Booster Strategy is a common technical analysis signal.
Because it's a very simple one to show you trends.
When you look at this chart you will notice:
👉 The price is above the 50 EMA
👉The price is above the 200 EMA
👉The Candlestick Pattern Is A Bullish Harami
❌In this case the EMA's have not crossed.
❌In this case the price has not gapped up.
Even though,
✅A Bullish Reversal Candlestick Pattern has formed called " Bullish Harami"
✅The price is above both moving averages.
This goes to show you that the rocket booster strategy is not perfect.
If you want to see what happens then enter a buy signal on your simulation trading account.
Trade safe.
Rocket boost this content to learn more.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
Candlestick Patterns are forward looking indicators.
This means it will show you signal before the Rocket Booster Strategy clicks.
The 🚀 Rocket Booster Strategy is a common technical analysis signal.
Because it's a very simple one to show you trends.
When you look at this chart you will notice:
👉 The price is above the 50 EMA
👉The price is above the 200 EMA
👉The Candlestick Pattern Is A Bullish Harami
❌In this case the EMA's have not crossed.
❌In this case the price has not gapped up.
Even though,
✅A Bullish Reversal Candlestick Pattern has formed called " Bullish Harami"
✅The price is above both moving averages.
This goes to show you that the rocket booster strategy is not perfect.
If you want to see what happens then enter a buy signal on your simulation trading account.
Trade safe.
Rocket boost this content to learn more.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.