💡 Technical Analysis for an Effective Entry in Trading:

To make an effective entry in trading, a concise analysis that combines the identification of price patterns, Supply and Demand zones, and confirmations with candle patterns is crucial.

1. Identification of the Reversal Pattern:

Look for key patterns such as the Double Top (bearish signal) or Double Bottom (bullish signal), as illustrated in the file 1000134532.jpg. These indicate a possible trend reversal.

2. Determination of Key Zones:

Identify the Order Block and Base zones (areas of consolidation or accumulation/distribution) that act as strong levels of Supply or Demand.

3. Search for Confirmation:

Wait for a confirmation through a reversal candle pattern in the Order Block or Base zone.

The Engulfing patterns are very powerful:

a- Bearish Engulfing: For a short entry (sell) in a Supply zone.

b- Bullish Engulfing: For a long entry (buy) in a Demand zone (see file 1000134525.jpg).

4. Planning the Execution:

The ENTRY is placed just after the formation of the confirmation candle. The STOP LOSS should be below (for buy) or above (for sell) the Order Block zone or the body of the Engulfing candle.

Also consider the concept of Fair Value Gap (FVG), a liquidity void, as a possible target or reaction level.#BinanceBlockchainWeek $BNB