WM pattern (bar count 5 min chart 64) - STW (bar count 5 min chart 67)
Trade at STW pattern - identify the bottom
Identify WM pattern at bar count 64, and wait bar acount 67 to make purchase
Based on the following analysis:
White Marubozu
(also known as a bullish bald white candle) is an explosive candlestick pattern
characterized by a long body and almost no upper and lower wicks. This
means that the price has skyrocketed since the opening and eventually closed at
the highest price of the day, showing the absolute dominance of the
buyers.
www.plindia.com +3
Here's how to
use this form:
1. Identify
the core points
- Appearance: A long white (or green) rectangular
solid with no hatches (or extremely short hatches) at the top and bottom
ends.
- Price logic: Open = low, close = high.
- Market Implications: Market sentiment is highly aligned,
with buyers taking full control throughout the trading session with little
to no pullback.
Mumu +5
2. Trading
strategies in different scenarios
- Trend continuation (on the way up):
- Appears in an uptrend and is
usually a signal of acceleration in the upward trend.
- Action: Consider it a bullish signal to
continue holding a position or add a position when the next candle opens.
- Trend reversal (falling bottom):
- Sudden emergence after a prolonged
decline often signals a dry bear and strong buying intervention.
- Operation: Pay attention to whether it is
accompanied by an amplification of trading volume, which is usually a
preliminary signal of bottoming out.
- Breaking through pressure levels:
- If the pattern breaks directly
through a key resistance level (such as a moving average or previous
high), the breakout is extremely effective.
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3. Practical
trading steps
- Entry Point: Enter the market at the opening of
the next candle formed by White Marubozu or wait for a slight retracement
to enter half of the candle body.
- Stop Loss Setting: Set your stop loss slightly below
the low of this Marubozu candle (i.e., the opening price).
- Confirmation Signal: Combined with the volume observation, the higher the volume,
the stronger the reliability of the pattern.
HDFC Sky+3
4. Risk
warning
- Overextended: If the entity is too long, it may
mean that the short-term increase is too large, and the market is facing
pullback pressure, so it is not advisable to chase higher at this time.
- Assisted validation: Avoid relying solely on this
pattern for decision-making. It is recommended to cooperate with the RSI
indicator or the Fibonacci retracement level to confirm whether the trend
is healthy.
白大烛(White Marubozu,也称看涨光头光脚阳线)是一种极具爆发力的 K 线形态,其显著特征是实体长且几乎没有上下影线。这意味着价格从开盘起便一路飙升,最终以全天最高价收盘,显示出买方的绝对统治力。
- 外观: 一个长长的白色(或绿色)矩形实体,上端和下端都没有影线(或影线极短)。
- 价格逻辑: 开盘价 = 最低价,收盘价 = 最高价。
- 市场含义: 市场情绪高度一致,买家在整个交易时段内完全掌控局面,几乎没有回调。
- 趋势延续(上涨途中):
- 出现在上升趋势中,通常是上涨加速的信号。
- 操作: 视为看涨信号,可继续持仓或在下一根蜡烛开盘时加仓。
- 趋势反转(下跌底部):
- 在长期下跌后突然出现,往往预示着空头枯竭,买盘强力介入。
- 操作: 关注是否伴随成交量放大,这通常是筑底回升的初步信号。
- 突破压力位:
- 如果该形态直接冲破关键阻力位(如移动平均线或前期高点),则突破的有效性极高。
- 入场点: 在 White Marubozu 形成的下一根蜡烛开盘时进场,或等待小幅回撤至该蜡烛实体的一半位置入场。
- 止损设置: 将止损位设在该 Marubozu 蜡烛的低点(即开盘价)稍下方。
- 确认信号: 结合成交量 (Volume)观察,成交量越大,该形态的可靠性越强。
- 过度伸展: 如果实体过长,可能意味着短期涨幅过大,市场面临回调压力,此时不宜追高。
- 辅助验证: 避免单独依靠该形态决策。建议配合 RSI 指标或 Fibonacci 回撤位来确认趋势是否健康。

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