A new champion on the platform!

🏆 Ipseeta M. from India became Trader of the week on Quotex platform, he earned $35 980!

Congratulations to Ipseeta M. on excellent results and wish everyone successful trading 💸💸💸

How to identify a trend reversal?Three Black Crows is a powerful candlestick pattern that warns traders of a possible reversal in an uptrend in financial markets.

📈Candle Formation: This pattern consists of three consecutive bearish candles, each closing lower than the previous one.
✴️Absence or Short Lower Shadow: Each of the three candles has a negligible or absent lower shadow, indicating strong bearish dominance in the market.
📍Opening and Closing: Each subsequent bearish candle opens higher than the previous one and closes nearer to its low, confirming the downtrend.

💡Encountering Three Black Crows after a prolonged uptrend signals a possible start of a bearish trend. This could be a signal for "Down" trading or for closing long positions.
Remember, to increase the likelihood of successful trading, always use additional indicators and confirmations.

Wishing you successful trades!

Welcome this week's new leader!

Md Fazlur R. from Bangladesh became Trader of the week on Quotex platform, he earned $24 379 🚀

👏 Congratulations to Md Fazlur R. on excellent results and wish everyone successful trading!

Time to extend congratulations to our Trader of the week:

🏆Taiba F. from Pakistan became Trader of the week on Quotex platform, he earned $36 588!

Congratulations to Taiba F. on excellent results and wish everyone successful trading!⭐️

Let's start our trading weekend with a 70% deposit bonus!
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The "Evening Star" in trading: How to identify a trend reversal?
The Evening Star is a powerful candlestick formation in technical analysis that warns of a potential reversal in an uptrend.

📈Candlestick formation: The pattern consists of three candles. The 1-st candle is bullish, the 2-nd is a short candle with a small body and an upward shadow, and the 3-rd is bearish.
✴️ Upper shadow of the 2-nd candle: Indicates that prices initially rose above the opening but then retraced and closed near the opening. This forms a short candle known as the "Star."
📍 Opening and closing: The 2-nd candle closes below the 1-st candle's close, and the 3-rd candle closes below the 2-nd candle's opening. This indicates a shift in sentiment from rise to fall.

💡 When this pattern is detected, it is recommended to refrain from buying "Up" options and wait for confirmation of the situation's development. A full-bodied bearish candle formed after the Evening Star often confirms the trend reversal.

On Friday, March 29, on the occasion of the Good Friday, stock exchanges in the United States will be closed, and participants in the financial and commodity markets are resting.

🔔 The trading schedule has been changed, all quotes during the day are OTC.

Meet our Trader of the Week!

🚀Md Rafiqul I. from Bangladesh became Trader of the week on Quotex platform, he earned $21 027!

Congratulations to Md Rafiqul I. on excellent results and wish everyone successful trading!👏⭐️🎉

Perseverance leads to great results!

🚀Andi H. from Indonesia became Trader of the week on Quotex platform, he earned $28 673.

Congratulations to Andi H. on excellent results and wish everyone successful trading!👏⭐️🎉

The "Morning Star" pattern in trading: How to Identify a Trend Reversal?
The Morning Star is a strong signal warning of a potential reversal in a downward trend in the market.

📈 Candlestick formation: This pattern consists of three candles. The 1-st candle is bearish, the 2-nd is a short candle with a small body and a downward shadow, and the 3-rd is bullish.
✴️ Lower shadow of the 2-nd candle: Indicates that prices initially fell below the opening but then rebounded upward and closed near the opening. This forms a short candle known as the "Star."
📍 Opening and closing of the 2-nd and 3-rd candles: The 2-nd candle closes higher than the 1-st candle's close, and the 3-rd candle closes higher than the 2-nd candle's opening.

💡 When this pattern appears, it is recommended to refrain from buying "Down" options and wait for the situation to develop. A full-bodied bullish candle formed after the Morning Star often confirms the trend reversal. Use these signals to open long positions.