We welcome you to the Marvel Traders Hub!
Today we gonna be show/teaching you about on candle stick pattern in the market that you can use on the higher time frame to serve as a point of interest (POI). We have been back testing and using it on a live/realtime market condition just as you will see on the video.
On our community Introductory post, we stated that:
To track your progress time to time and see if you are improving.
To learn from other traders wins and failures for self improvement.
To be motivated and get good vibes from like minded individuals.
You can see the aim of this community about and upon this, we decided to drop this video to teach us one of our discovery in the market.
- Details in full
The candle stick we are talking about today is like the Spinning Top candle that has a small body at the middle and long wick at the top and below.
You can trade this pattern across different markets like the stock, forex, commodities etc.
How to use it
On the higher time frame like the 1h, 30m, down to the 15m time frame (tf). When you see this candle formation before a reversal either upward ⬆️ or downward ⬇️, all you gat to do is to highlight it and wait for a retracement to your POI which is the area you highlighted.
Go to the lower time frame like the 5m or 3m and wait for a candle stick rejection from that area or any pattern you use as a confirmation before entering a trade.
You can also place a pending order at the middle of your POI or you can place at the top of it in case price didn't get to the middle before reversal.
You can also add up the Gann box strategy to it just for more confirmation, we didn't have much time to talk about this strategy but as time goes on we are going to make a separate tutorial for it.
You can see in the video that it was a live section, we mapped out the zone yesterday being Apr 6th 2026 and decided to place a long. The first was about 1:3 RR and the second was about 1:2. RR which was well explained on the video.
Screenshots..
Previous day during the analysis:
- When price go to our entry point:
- Almost at our tp
- After hitting out tp:
Why we were working on the video, the market got to our take profits area (tp) which was so cool and we took a live screenshot to show.
Feel free to check this candle pattern in your chart and do your our testing.
Note:
- This strategy is not a 100% win rate.
- Make sure you apply a good risk management.
- It works more when you follow the trend.
- The screenshot are from trading view
- The thumbnail was auto generated using the 3speak.tv web.
- You can click on my live trading view chart
▶️ 3Speak
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Wow, I took my time in reading this article because I want and need to understand everything I could understand about the candle stick. Thanks for the clear tutorial. Hoping to learn more from you.
Thanks very much,feel free to follow for more updates and lessons as well. we also have a latest blog on the community page about the Gann box strategy,you can as well read through. Thanks once more!
Its a pleasure dear. The writeup is relevant.