Back to Stocks Basics💹😇

Double Inside Bar

Normal Inside Bar

An inside bar can be either bullish or bearish, depending on its context within the price action. If it forms within a downtrend, it can be considered bearish, indicating potential continuation. If it forms within an uptrend, it can be seen as bullish, suggesting a potential continuation of the upward trend.

Inside Bar:

THERE ARE 16 PATTERNS IN EACH,BUT ALL WE KNOW IS ONLY 3, IN EACH

UNKNOWN TYPES OF M & W PATTERNS

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Anyone remember this Clearly said Ascending Scallop pattern High made 2365 from 2265

Trailing Stop Order: A trailing stop order is a variation on a standard stop order that can help stock traders who want to potentially follow the trend while managing their exit strategy. 🌟🌟A trailing stop order is a conditional order that uses a trailing amount, rather than a specifically stated stop price, to determine when to submit a market order.

Stop Order: A stop order is an order to buy or sell a stock at the market price once the stock has traded at or through a specified price (the "stop price"). 🌟🌟If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Market order A market order is an order to buy or sell a stock at the market's current best available price. ‼️‼️ A market order typically ensures an execution, but it doesn't guarantee a specified price. 🌟🌟 Market orders are optimal when the primary goal is to execute the trade immediately.