Ladder Bottom Candlestick Pattern with Scanner
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Good Morning Readers!
As I sat sipping my morning tea and being a trader, you tend look at charts
searching for potential momentum opportunities for the day.In the bullish trending markets, I always prefer the Ladder Bottom Candlestick Pattern.
The Ladder Bottom Candlestick Pattern is a compelling indicator used in technical analysis to identify potential bullish reversals. This pattern usually emerges after a downtrend and signifies a shift in market sentiment, suggesting that buyers are gaining control.
Characterized by a series of candlesticks with small real bodies and long lower shadows, the Ladder Bottom Pattern visually resembles a ladder, with each candlestick forming a distinct rung.
In the stock trading, having tools that can swiftly analyze and present data is invaluable. Personally, I use the Zone Mobile App to effortlessly scan through stocks and identify potential opportunities. With just a click of a button, I can access a curated list of stocks, making my morning routine more efficient.
As of the closing on December 22nd, 2023, here is a list of stocks were the pattern exists.
Have a Great Trading Day!
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Good morning...
Yes, indeed it is very handy tool to identify the stocks bottomed out/about to change the trend ... -
@Rajeev Talasikar Good to know you are following this pattern.
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Thank you for sharing such insightful strategies.
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Kindly post 1-2 Charts, it will be great help
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@Rajeev Goyal Sure. How about a video on this pattern?
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@Brijesh Bhatia Please sir! Waiting ...
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@Brijesh Bhatia That will be great
