Candlestick Chart Pattern & Renko Trading (2 Course Bundle)

Trace the history of candlestick charts from 18th-century origins in the rice futures market to modern popularity, highlighting their simplicity and effectiveness and key figures like Stephen Nisson.

Explore how candlestick charts depict price movement across timeframes, interpret patterns such as three soldiers and two black crows, and read color cues for up and down trends.

Explore technical analysis by examining chart types, including bar charts and candlestick charts, and learn how open, high, low, and close data forecast price movements.

Identify a big black candle as a bearish reversal by opening near the high and closing near the low, reflecting selling pressure and a potential trend reversal.

Identify the big white candle as a bullish reversal pattern, a Polish pattern with a wide high-low range and an open near the low and close near the high.

Explore how the black body candlestick forms when the open is higher than the close, signaling bearish momentum, and learn the difference between black body and big black body patterns.

Explore the doji candlestick, where opening and closing prices align within a few cents, with variable shadows signaling market indecision and the pattern not guaranteeing a move.

Dragonfly doji forms when opening and closing are at the day’s high with a long lower shadow, signaling buying pressure and a bullish reversal at market bottoms.

Identify the gravestone doji candlestick pattern, with a long upper shadow and close near the open. This pattern signals a potential reversal and a coming price fall.

Observe the long-legged doji, a candlestick with long upper and lower shadows and open and close at the same level, signaling balance between bulls and bears and a maintained trend.

The hanging man candlestick pattern, with a small body and a long lower shadow, signals a bearish reversal at the top after an uptrend.

Explore the hammer candlestick pattern, characterized by a long lower shadow and small body, signaling bullish reversal in a downtrend when price rebounds.

Identify the inverted black hammer candlestick as a strong bottom reversal signal, featuring an upside-down hammer shape, a red body, a high shadow, and a close near the day’s low.

Identify a long shadow candlestick, where the wick is two to three times the body, a bullish signal at support, similar to a hammer or hanging man on Spokeo.

Identify a long upper shadow near resistance as a bearish signal, with a shadow two to three times the body and evidence of absorption and selling pressure.

Identify marubozu candles with no shadows, where open equals the low and close equals the high, signaling a continuation of the current trend in candlestick charts.

The shooting star is a candlestick with a long upper shadow appearing in an uptrend. It may signal reversal or continuation depending on context, with a red or black body.

Explore the spinning top candlestick pattern, a small-bodied red or green candle with shadows, often signaling neutrality within broader complex chart formations.

Identify white body candles formed when the closing price is higher than the opening price, signaling a price gain, and compare white body, white party, and white pointy candles.

Spot the shaven bottom candlestick, which has no lower shadow and a body; closing near the day's low signals a potential downtrend, regardless of color, in simple patterns.

Explore the shaven head candlestick, where the high is not significant and it closes at the high with no upper shadow, signaling potential bullish moves in a complex pattern.

Identify the inverted hammer as an upside-down hammer signaling a reversal in a downtrend, with the high illustrating strength and the pattern forming at the bottom, not the top.

Explore complex chart patterns, including continuation patterns and reversal patterns, and learn how trends persist or reverse in stock charts, with insights for candlestick chart patterns and renko trading.

Identify a reversal pattern that signals a change in trend on candlestick charts and Renko trading. Watch how breakouts from a defined range precede moves higher or lower.

Identify the bearish harami pattern, a large green candle followed by a smaller within-body candle, signaling a potential reversal and a powerful shift after an uptrend.

Bearish harami cross signals a trend reversal at the top, formed by a large green candle followed by a doji within its body, indicating shifting momentum.

Explore the three white soldiers candlestick pattern as a bullish signal with higher highs and higher closes, indicating an uptrend reinforced by Renko context.

Explore the bearish three-method formation, a five-candle continuation pattern signaling a fall, with guidance on stop-loss placement at the high and recognizing weak candles across timeframes.

Identify the bullish five-candlestick formation, a continuation pattern where an initial rally is followed by three weeks of decline and a later breakout, signaling a strong next move.

Identify the bullish harami pattern, a large red candle followed by a small green candle within its body, signaling a potential reversal after a downtrend.

Identify the bullish harami cross, a two-candle reversal pattern with a large red candle followed by a doji cross, signaling a potential price reversal.

Discover how to access free online charting software for candlestick and renko trading, including sign-up steps, chart types, streaming data, and free indicators.

Identify the dark cloud cover candlestick pattern: a green candle followed by a red one that opens above the prior high and closes into the green body, signaling a change.

Explore the engulfing bearish candlestick pattern, where a small green body is engulfed by a large red candle signaling a bearish reversal. Use stop-loss discipline and time-frame awareness for risk.

Evening doji star signals a bearish reversal at the top of an uptrend, formed by a large bullish candle, a gap-up, and a red candle closing into the prior body.

The evening star is a three-candle candlestick pattern signaling a reversal from an uptrend, formed by a large green candle, a small gap up candle, and a confirming candle.

Engulfing bullish candlestick pattern signals a major reversal as a large green candle engulfs the prior downtrend’s body, a setup popular among hedge funds and mutual funds.

The falling window candlestick pattern creates a gap where the second candle's high is below the first candle's low, signaling a downtrend and resistance.

Explore the morning doji star, a three-candle bullish reversal pattern, featuring a red candle, a doji, and a green candle closing above the first candle's body.

Identify the morning star candlestick pattern, a three-candle reversal after a downtrend, where a large bearish candle, a small indecisive candle, and a bullish candle signal buyers gaining control.

discover how to use the in-lecture q&a feature to ask questions, type your query, and post it for responses.

Spot the neckline break in candlestick patterns, where lower lows penetrate after open lower and close mid-day, signaling a strong bearish continuation and potential short entries.

Three black crows indicate a continuation downtrend, consisting of three long red candles with lower closes and lower lows, signaling price falls across days.

Explore the doji star bearish candlestick pattern, where a doji after a red candle signals possible reversal. Learn to confirm with the next candle's open and close, not shadows.

Identify the tweezer bottoms candlestick pattern, formed by two or more candles with matching open or close, signaling a potential minor reversal and a forthcoming price rise after confirmation.

Identify tweezer tops as two or more candlesticks with matching highs signaling a potential reversal; colors don’t matter, and wait for the next candle to confirm.

Explore the doji star bullish candlestick pattern, its gap openings and reversal signals, with examples showing how a green or red candle confirms or negates the pattern.

Explore the piercing line candlestick pattern, where a green candle closes above half of a red candle in a bear trend, signaling a potential trend reversal as buyers overpower sellers.

A rising window signals a bullish background and strong uptrend, with a gap between candles forming key support that typically fills about eight of ten times, allowing prices to advance.

Explore the bearish 2-method formation in candlestick charts, highlighting a one-down, two-up sequence that signals continuation. Observe how declines follow this pattern in daily, weekly, or intraday closes.

Explore bullish 2-method formation on candlestick charts, tracing opens and closes through two-week cycles where prices never cross below the open and then rise.

Learn a Renko trading skill through the promo Renko course, bundled with candlestick chart pattern insights, and discover why this skill isn’t widely taught elsewhere.

Explore the introduction to Renko trading, showing how Renko charts offer a long-term perspective and demonstrate performance across Netflix, Microsoft, an Indian stock, and Exxon Mobil.

Renko charts rely solely on price movement to show trends, ignoring value and time. Profit depends on price direction—up trends raise opportunities, down trends pose losses, brick by brick.

Explore Renko charts, filter out noise, and learn how box size or brick movement determines buy and sell signals, with bricks signaling support, resistance, and trend direction.

Understand renko charts: read breaks by green and red renko boxes, learn the Taj Mahal strategy for buy and sell signals, and set up renko boxes for trading.

Use a Google Renko chart to illustrate swing trading, buying on green boxes and selling on breaks of lows to capture long-term gains.

Explore Netflix through a Renko chart to identify long-term buy signals, avoid short selling, and ride bullish trends for steady profits with a simple, box-based trading approach.

Explore how renko charts applied to MSFT reveal buy and sell signals, breakouts, and risk-managed exits, illustrating a rule-based approach alongside traditional candlestick analysis.

Open a free demo trading account, apply the course strategy for six months, and log outcomes in a diary; then move to a small real account for six months.

Renko charts remove price noise to reveal simple, long-term buy and sell signals across stocks. The lecture explains how hedge funds use this long-term view alongside financials to trade discipline.

Explore how Renko charts applied to ExxonMobil illustrate buying and selling decisions, profit timing, and risk management through price action and dividends.

Thank you for joining the course; the instructor invites reviews, constructive feedback, and questions to improve future lessons on candlestick chart patterns and renko trading.