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1744820369181

The document provides an overview of candlestick patterns, including momentum, indecision, and wick rejection candles, along with various single, double, and triple candle patterns. It also covers trading strategies such as confirmations, divergences, supply and demand patterns, chart patterns, Fibonacci retracements, risk-reward ratios, and forex pair correlations. The information is aimed at improving trading strategies and profitability.

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black92mamba00
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0% found this document useful (0 votes)
88 views13 pages

1744820369181

The document provides an overview of candlestick patterns, including momentum, indecision, and wick rejection candles, along with various single, double, and triple candle patterns. It also covers trading strategies such as confirmations, divergences, supply and demand patterns, chart patterns, Fibonacci retracements, risk-reward ratios, and forex pair correlations. The information is aimed at improving trading strategies and profitability.

Uploaded by

black92mamba00
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Candlestick Basics

1
Momentum candle
This is your entry candle.
The candle shows strong
momentum in trade direction.

2
Indecision candle
The candle shows weakness.
Bulls and bear equal.
We don’t have any clear
direction.

3
Wick rejection candle
Candle fails to break a certain
level. Price is likely to reverse or
continue.

Bullish Momentum

Bullish Inverted Dragonfly


Marubozu Hammer Spinning Top Doji
Hammer Doji

More Bullish Less Bullish

Bearish Momentum

Gravestone Bearish Shooting


Doji Hanging Man Doji Spinning Top Star Marubozu

Less Bearish More Bearish


Candlestick Basics
BASICS NEUTRAL
Highest Price
Upper Doji Spinning Top Marubozu Star
Closing Price Opening Price
Shadow

Real
Body
Opening Price Closing Price
Lower
Lowest Price Shadow

BULLISH BEARISH
SINGLE CANDLE PATTERNS
Hammer Inverted Dragonfly Bullish Hanging Shooting Grovestone Bearish
Hammer Doji Spinning Top Man Star Doji Spinning Top

DOUBLE CANDLE PATTERNS


Bullish Bullish Bullish Piercing Tweezer Bearish Bearish Bearish Dark Cloud Tweezer
Kicker Engulfing Harami Line Bottom Kicker Engulfing Harami Cover Top

TRIPLE CANDLE PATTERNS


Morning Bullish Three Three Morning Bearish Three Evening Evening
Star Abandoned White Line Doji Abandoned Black Doji Star
Baby Solidiers Strike Star Baby Crows Star

CONFIRMATIONS
Three Three Three Three
Inside up Outside up Inside Down Outside Down
Candlestick Confirmation
Always wait for price action to confirm
your trade idea. Multiple retests for a
strong confirmation.

Tweezer Top

retest

ENTRY

Bearish Engulfing

ENTRY

NO ENTRY

no candlestick
confirmation
Divergences
TYPES OF DIVERGENCES

Bullish Divergence Bearish Divergence

Price
Strong

Oscillator

Price
Medium

Oscillator

Price
Hidden

Oscillator
AQPRO
BUY AND SELL SIGNALS

Skyrocket your trading. Become more


profitable and consistent.

EXAMPLE SIGNAL FROM THE ALGO:


120.00

119.00

118.00

117.00

116.00

115.00

114.00

113.00

112.00

111.00

110.00

109.00

108.00

107.00

106.00

105.00

+20.00% LONG
104.00

103.00

102.00

101.00

BUY SIGNAL PAYPAL 100.00

99.00

AND STILL ACTIVE 98.00

97.00

Buy
14th March 2022 96.00

95.00

94.00

93.00

92.00

What are the AQPRO Indicators?

Spot entry and exit points easily


More profits than losses when you follow it strictly
Reduce emotional based entries
Easy access through Tradingview.com
Reliable results with lower and higher timeframe
Supply and Demand
PATTERNS CHEATSHEET

REVERSAL PATTERNS

DROP-BASE-RALLY RALLY-BASE-DROP
BULLISH REVERSAL BEARISH REVERSAL

DROP RALLY
BASE

RALLY DROP
BASE

CONTINUATION PATTERNS

DROP-BASE-RALLY RALLY-BASE-DROP
BULLISH REVERSAL BEARISH REVERSAL

RALLY DROP

BASE

BASE

RALLY DROP
Chart Patterns
BREAKOUT CHEAT SHEET

REVERSAL

TP TP
SL SL

ENTRY ENTRY
ENTRY ENTRY
SL SL
TP TP

DOUBLE BOTTOM TRIPLE BOTTOM DOUBLE TOP TRIPLE TOP

TP SL
TP
ENTRY SL
ENTRY
ENTRY ENTRY
SL
SL TP TP

INVERTED HEAD & FALLING WEDGE HEAD & SHOULDERS RISING WEDGE
SHOULDERS

CONTINUATION
TP
TP
SL
ENTRY
SL
ENTRY SL ENTRY
ENTRY
SL SL
TP TP

FALLING WEDGE BULLISH PENNANT RISING WEDGE BEARISH PENNANT

TP TP
SL
ENTRY
ENTRY
SL ENTRY SL

SL ENTRY
TP TP

BULLISH FLAG BULLISH TRIANGLE BEARISH FLAG BEARISH TRIANGLE


Chart Patterns
RETEST CHEAT SHEET

REVERSAL

TP TP
SL SL
ENTRY ENTRY

ENTRY ENTRY
SL SL
TP TP

DOUBLE BOTTOM TRIPLE BOTTOM DOUBLE TOP TRIPLE TOP

TP SL
TP
ENTRY SL
ENTRY
ENTRY
SL ENTRY
TP
SL TP

INVERTED HEAD & FALLING WEDGE HEAD & SHOULDERS RISING WEDGE
SHOULDERS

CONTINUATION
TP
TP
ENTRY SL
SL
ENTRY SL
ENTRY
ENTRY
SL
TP TP

FALLING WEDGE BULLISH PENNANT RISING WEDGE BEARISH PENNANT

TP TP
SL
ENTRY
ENTRY
SL SL
ENTRY
SL ENTRY
TP
TP

BULLISH FLAG BULLISH TRIANGLE BEARISH FLAG BEARISH TRIANGLE


Fibonacci
RETRACEMENTS AND PROJECTIONS
Higher High
Projection
-27.20%
UPTREND FIBONACCI TP
2. Swing high
0.00%

In an uptrend start
drawing from the
swing low to the
38.20%
swing high.
50.00%
Most popular entry levels are 61.80%
the 0.618 and .50 retracement.
3. ENTRY
78.60%
Retracements for Entries.
Projections for Exits.
100.00%
1. Swing low

1. Swing high
DOWNTREND FIBONACCI 100.00%

78.60%

In an downtrend start 3. ENTRY


61.80%
drawing from the 50.00%
swing high to the 38.20%
swing low.
Most popular entry levels are
the 0.618 and .50 retracement. 0.00%

2. Swing low
Retracements for Entries.
-27.20%
Projections for Exits. Projection
TP

Lower low
4 Market Phases
RETRACEMENTS AND PROJECTIONS
Risk Reward Ratio
CALCULATE YOUR TRADE SIZE

Set a fixed win ratio for Risk Win Ratio Required


your trades and stick to Reward Ratio For Brean Even
it. You can be profitable
even with a negative
win rate. 1:1 50%
Most traders use a risk reward
ratio between 1:5 and 1:2.

Don’t exit trades to early


1:2 33%
Always set your stoploss
Trail stoploss when in profits

1:3 25%

STOP LOSS TAKE PROFIT

1:1 RISK REWARD

1:2 RISK REWARD

1:3 RISK REWARD


Forex Pairs
CORRELATIONS CHEAT SHEET

It’s good to know which pairs are likely to


move together. Inversely pairs can be
used for hedge postions

SAME DIRECTION MOVING PAIRS

EUR / USD GBP / USD


EUR / USD AUD / USD
EUR / USD NZD / USD
USD / CHF USD / JPY
AUD / USD NZD / USD

INVERSELY MOVING PAIRS

EUR / USD USD / CHF


GBP / USD USD / JPY
USD / CAD AUD / USD
USD / JPY AUD / USD
GBP / USD USD / CHF

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