
Level ten deepens mastery of Japanese candlesticks by integrating Bollinger bands with reversals, continuations, W bottoms, triple tops, divergence, and the seven candle values.
Master the w bottom with Bollinger bands and the morning star inside the lower band on daily charts to confirm a trend reversal; use the lower band as stop loss.
Use Bollinger bands and a W bottom to spot a piercing pattern making a new low, then buy on the pattern with a stop at the low or lower band.
recognize the incorrect w bottom when the low is not near the lower band; look for bounces from a low price near the lower band, piercing or bullish engulfing patterns.
Use Bollinger bands to assess bottoms on the Nikkei chart, noting a hammer outside the lower band, and apply normal, half, and full position sizing for reversal and continuation trades.
Explore how a falling window and false bottom can mislead, despite a W bottom, using Bollinger bands to spot extremes and guide partial exits and moving stop loss.
Explore how inverted hammer signals combine with Bollinger bands to form a W bottom, with price confirmation, disciplined exits, and false breakout awareness.
Analyze the questionable W bottom pattern: initial decline, recovery rally, and secondary decline, confirmed by Bollinger bands and a bullish engulfing signal, with strict entry rules.
Use a W bottom, MACD histogram, and Bollinger bands to identify entries and band-based exits, including partial exits and riding the trend on Tesla.
Explain how a w bottom variation with a bullish engulfing pattern under the lower Bollinger band and a close above the middle band marks a missed opportunity.
Examine the inverted hammer and non-ideal w bottom in Bollinger bands to spot bull harami and price confirmation, with stops below band lows and exits below middle band.
Identify a bull harami with volume confirmation on a daily chart using Bollinger bands and rising window. Apply disciplined exits and use rising window as support, guided by volume patterns.
Identify a valid bottom with a piercing pattern and volume confirmation on a Google daily chart, using Bollinger bands including the middle band to time entries and exits.
Identify the triple top pattern and draw the neckline after the first two tops. A close below the neckline signals a short, reinforced by Bollinger bands, throwback rallies, and divergence.
Identify a triple top on the Dow Jones with a bearish engulfing pattern, enter short on neckline break, and manage exits using the middle band and staged 25% exits.
Identify a triple top with volume confirmation, note a neckline break as the short signal, and place a stop between the candle high and the upper band.
Identify the triple top and falling window on a daily Amazon chart, set a middle-band stop loss with the following window as resistance, and apply 25% exits.
Compare continuation and reversal trades by sizing full position versus half, balancing risk and reward, then identify a true or false triple top using the upper band criteria.
Discover how to trade a triple top with volume and stochastics confirmation, using partial exits on upper band breaks, stop adjustments to entry, and shooting star patterns for exit signals.
Identify a triple top with Bollinger bands, mark the neckline, and act on its break for a short trade with defined stop losses and partial exits.
Identify triple top and throwback rally on an Adidas chart, short on neckline break or test, with stops at the midpoint between high and upper band, noting volume divergence.
Analyze a daily chart to spot triple tops and neckline breaks. Signal short entry with Bollinger bands, and use 25% partial exits while moving the stop to the entry price.
Learn how Bollinger bands use relative highs and lows to identify triple tops, neckline breaks, and strategic exits with the middle band and upper band dynamics.
Identify bullish and bearish divergences using percentage B within Bollinger bands, contrasting price action with RSI and stochastics, and interpret closes relative to upper and lower bands.
Learn how percentage B, based on the closing price and Bollinger bands, reveals divergences and guides price interpretation without relying on highs or lows.
Learn to identify bullish divergence on a daily tech index chart, noting that price falls while the indicator rises; if closes stay inside the lower band, no divergence exists.
Identify a bullish divergence on the daily DAX index, with prices making new lows while the indicator rises. Confirm with a bullish engulfing pattern, percentage B based on closing prices.
Learn how percentage B indicates bullish divergence by comparing price lows with the indicator, identify a W bottom and piercing pattern variation, and set stop losses below the pattern.
Explore bearish divergence using a NVIDIA daily chart, where price rises while the indicator falls, confirming a top with a potential short and stop-loss around the candle's upper band.
Analyze the bearish engulfing pattern at the top with bearish divergence on Netflix's daily chart. Enter short on a break below the middle band and manage full and partial exits.
Evaluate why this Boeing daily chart shows no bearish divergence, as price makes new highs while the indicator also trends up, and rising windows and band closes negate the trade.
Spot a hanging man and bearish divergence on PayPal's daily chart, with prices rising while the indicator falls, confirmed by a close below the hanging man for a short entry.
Identify a bearish setup on an Intel chart using a doji, the bear harami cross, and a bearish divergence where prices rise while the indicator falls, signaling a move lower.
Learn continuation trades with Bollinger bands by tracking the lower band for downtrends and the upper band for uptrends, using the middle band for trend guidance.
Master a Bollinger bands strategy to trade downtrends by watching lower bands and falling middle bands, test the middle band, and use exits with stop losses and candle-pattern partial exits.
Learn to trade with Bollinger bands by waiting for a middle-band test in a downtrend, entering on a red candle, and using strict continuation rules for high-probability, low-risk moves.
Apply the middle band Bollinger strategy to identify a downtrend, confirm with rising lower band and a middle-band test, then short and use partial exits up to 50%.
Follow a step-by-step candlestick method to wait for a clear signal: observe lower, middle, and upper band moves, test the middle band, and seek genuine breakouts during pullbacks.
Identify downtrend signals from the lower, middle, and upper bands, then trigger a short entry after a confirmed test of the middle band.
On the BMW daily chart, this lesson teaches let go of this trade by following downtrend cues: rising lower band, falling middle band, and waiting for a red candle.
Explore multiple exit strategies in a downtrend using candlestick patterns, rising window, and middle band tests to manage stop loss, partial exits, and full exits in continuation trade.
Explore the last engulfing bottom on a daily Airbus chart, confirm lower band turning and middle band test, then enter short with defined stop loss and staged exits.
Learn to use Bollinger bands and candlestick patterns to time a short entry, test the middle band, and apply a disciplined 50% exit with partial profits and adjusted stops.
Explore bullish pullback trades on the upper band, using a 10-day SMA and value zone to time continuation entries, with green candles and middle-band stop losses.
Master partial exits on a daily itc chart using the ten-day sma and bands. Enter on a green candle after a successful test, then exit 25% at the upper band.
Use the middle band as stop loss in an uptrend; rising bands and a green candle confirm entry, with partial exits on upper band breaks and exit below middle band.
A small candle tested against the ten-day moving average with Bollinger bands signals a continuation trade. Set a stop at the middle band and take exits as the trend advances.
Apply the criteria to validate an uptrend with the upper band and a proper ten day simple moving average test, and avoid trades when prices stay below the moving average.
The lecture explains why the upper band criteria matters in bitcoin uptrends, showing a price close below the ten-day moving average signals an overextended move.
Examine how opening price signals can mislead; confirm with rising middle band and ten-day moving average, then use partial entries and confirm on close.
Explore why the three candle rule fails for S&P 500 trades, and how band alignment and a ten-day SMA test inform reliable continuation trade.
Explore how the upper, middle, and lower bands and the ten-day sma guide entry decisions on the GBP USD daily chart, emphasizing adherence to criteria.
Keep the middle band as your mental stop loss in an uptrend and exit if price closes below it; enter on green decision candle with ten day sma test.
Master the fakeout move after a squeeze using Bollinger bandwidth, defined as below 5%, with a breakout and a close above the middle band signaling the entry.
Identify squeezes when bandwidth falls below 5%, confirm breakouts beyond outer bands, and distinguish fakeouts by a close above the middle band; switch to lower-band and upper-band strategies when needed.
spot a squeeze when bandwidth falls below 5% to signal a looming breakout. wait for breakout beyond the bands, then ride the moving average turn with partial and full exits.
Learn money management in Japanese candlesticks trading by spotting squeezes, breakouts and fake outs, then using the 20-day middle band, and executing partial exits with stop-loss shifts.
Identify the squeeze and breakout on a Disney daily chart, watch for rising windows and fake out moves, and learn why some opportunities become a giant missed opportunity.
Identify squeeze, breakout, and fake out to time a short, then wait for moving average to turn down and trigger a smart exit at the middle band, using a stop.
Analyze a daily Pfizer chart to spot the squeeze, breakout, and fake-out, then enter short at the opening after a moving-average middle-band turn, with a 25% partial exit.
Confirm the squeeze and breakout in japanese candlestick patterns, then execute a continuation trade by buying outside the upper band, moving the stop loss, and riding the trend for profits.
Practice patience to master Japanese candlesticks trading: wait for bandwidth below 5%, breakouts and fakeouts, and a turning moving average, then execute staged exits from the lower band.
Explore the classic pullback on a daily Citigroup chart, using fakeout failures and Bollinger bands to time bearish pullbacks, tests of the middle band, and short entries with LBW strategy.
All the Levels of The Japanese Candlesticks Trading Mastery Program are designed to help you :
Learn How to Trade Stocks, Forex & Commodities Using Candlesticks & Technical Analysis to Become a Professional Trader
Very few traders know that the Bollinger Bands actually consist of three separate indicators within itself:
The Bands
The %B
The Bandwidth
A combination of these indicators (which are cast out of the same cloth), can give some incredible trade setups.
We will discuss this in detail, in this program.
Basically, there are 2 kinds of trades:
Reversals
Continuations
Reversals are risky.
Continuations are less-risky.
We will look at how to handle both types of trades, by combining our deep knowledge of candlesticks with the Bollinger Bands.
This program is a real deep dive into Bollinger Bands, and how they can help us harness the full power of the candlesticks.
Please place your undivided attention on the last 3 sections of this program. These are continuation trade setups.
Their diagnosis requires a step by step process, but once all steps are in place, they give us a relatively safer market entry.
Following are the sub-topics discussed in the program:
The W Bottom
The Morning Star Inside the Lower Band
A Piercing Pattern Making a New Low
The Incorrect W Bottom
The Hammer Low Outside the Lower Band
The Falling Window & The False W Bottom
The Inverted Hammer & a W Bottom
The Questionable W Bottom
The W Bottom with Extra Confirmation
The Giant Missed Opportunity
The Inverted Hammer & a Non-Ideal W Bottom
Bull Harami with Volume Confirmation
Piercing Pattern & Volume Confirmation
The Triple Tops
The Triple Top & Doji
The Triple Top with a Bearish Engulfing Pattern
The Triple Top with Volume Confirmation
The Triple Top & a Falling Window
The False Triple Top
The Triple Top with Volume & Stochastics Confirmation
Correctly Identifying a Triple Top with Bollingers
The Throwback Rally
The Dilemma at a Triple Top Formation
The Importance of Relative Lows
Divergences with Bollinger Bands
The Simplicity of %B
%B is Based on the Closing Price
Not a Bullish Divergence
The Bullish Divergence
The Ideal Bullish Divergence
The Bearish Divergence
The Bearish Engulfing Pattern at the Top
Not a Bearish Divergence
The Hanging Man & a Bearish Divergence
The Doji & The Bearish Divergence
The Turn of the Lower Band
The Turn of the Lower Band
The Successful Test of the Middle Band
Wait for a Test of the Middle Band
Following the Middle Band
Wait for a Clear Signal
The Unsuccessful Test of the Middle Band
Let Go of This Trade
Multiple Ways to Exit a Trade
The Last Engulfing Bottom
The Importance of a 50% Exit
The Turn of the Upper Band
The Turn of the Upper Band
The Power of Partial Exits
Importance of Middle Band as a Stop Loss
Don't Underestimate a Small Candle
Correctly Checking the Criteria
The Reason for the Upper Band Criteria
The Problem with the Opening Price
Why Not to Use the 3 Candle Rule
Do Not Violate the Criteria
Always Keep MB as a Mental Stop Loss
Trading the Fakeout After the Squeeze
The Fakeout Move
Not a Fakeout Move
Wait for the Moving Average
The Use of Money Management
The Missed Opportunity
The Importance of a Smart Exit
Take the Loss and Move On
Take This Trade
The Importance of Patience
The Classic Pullback
Learn concepts that apply to any type of trading. If you know how to read one chart, you can read them all. This course through its various levels will help you understand this unique and most primitive technique of trading. The Japanese Candlesticks Trading Mastery Program can be applied in any or all of the following areas of work :
Forex Trading / FX Trading / Currency Trading
Stock Trading
Commodity Trading
Options Trading
Futures Trading
Intraday Trading / Day Trading
Positional Trading
Swing Trading
Technical Analysis of Stocks, Commodities & Currencies
Price Action Trading
Chart Pattern Analysis
Cryptocurrency Trading
Standard Disclaimer: I am a SEBI-Registered Part-time Research Analyst (Registration No. INH000022279) registered under the SEBI (Research Analysts) Regulations, 2014, and supervised by the BSE Research Analyst Administration and Supervisory Body (RAASB). All content shared by me across my digital platforms is strictly for educational purposes only and should not be considered as investment advice, buy/sell recommendations, or trading tips. I do not provide personalized investment advisory services, I do not publish research reports, and I do not make buy/sell or price-target recommendations. My content is limited to an educational purpose only and does not constitute a research service or any other activity regulated by SEBI under my Research Analyst registration. Any securities or instruments referenced are used purely for education, analysis, and illustration and must not be construed as a solicitation, recommendation, or advice to buy, sell, or hold. Investing and trading in securities involve significant risk, and past performance is not indicative of future results. Please conduct your own due diligence or consult a qualified, appropriately registered financial adviser before making any financial decisions. I may or may not hold positions in the securities discussed at the time of creating the content, and such positions are subject to change without notice. I do not receive any compensation from third parties, including MarketSmith or Steve Nison; I have completed the basic and advanced candlestick modules on Steve Nison's platform purely as a student and am not affiliated with him or his website in any way.