Level 13 - Japanese Candlesticks Trading Mastery Program

Follow a step-by-step process for each chart: download the 100 charts pdf, review, apply the decision making framework, validate your argument, and take notes.

Study these books for six to twelve months before trading charts: candle charts, real bodies, western indicators, and Mark Douglas’s psychology, then apply a 100-chart decision framework.

Analyze Bank Nifty with frypan bottom and rising windows to identify a potential long, confirming with piercing pattern, ADX, RSI divergence, and reward-to-risk considerations.

Analyze the S&P 500 chart: a falling window, rising ADX above 20, and red over green signal bears; enter short after the crossover with RSI and Bollinger confirmations.

Analyze a rising window upside breakout on Cisco, weigh bullish signals including bearish engulfing, confirm with RSI and ADX, and set a stop loss at the lower window line.

Identify RSI and price trend line breakouts on chart 8, Salesforce, signaling a reversal trade with a favorable reward-to-risk. Confirm with ADX and Bollinger bands, and adjust size to 50%.

demonstrates a classic bullish pullback on the Hang Seng chart using the upper, middle, and lower bands plus the ten-day moving average, Doji confirmation, and rising ADX.

Identify a bearish belt hold line after an uptrend, with a bearish engulfing pattern and false breakout from resistance, signaling a reversal; confirm with RSI divergence near 2800.

This chart 12 FedEx example shows a variation of the dark cloud cover. A falling window forms resistance, guiding a short trade into potential support with a downsloping ADX.

Apply a Bollinger bands squeeze on Coca Cola: bandwidth below 5%, breakout, then fakeout; wait for volatility, RSI under 30, and ADX rising before shorting after a window break.

Observe a strong bullish opening and rising window as support, while a falling window acts as resistance, illustrating millimeter perfection and the risk of price getting stuck between windows.

Analyze a bearish RSI downside breakout with a falling window breaking support, signaling oversold conditions and a continuation trade, supported by ADX above 20 and rising slope.

Explore chart 29 Caterpillar to learn how a candle pattern confirms resistance with price confirmation, including a falling window, a bear sash pattern, and a dumpling top.

Analyze chart 30 BMW as an RSI downside failure swing, with a cross above 70, a lower high, and a close below the blue low line, plus four in-favor signals.

Copper chart shows a golden cross with 26-day slow and 13-day fast moving averages, signaling a bullish continuation trade, with stop loss based on the middle Bollinger band.

Identify the star candlestick, a spinning top with non-touching real bodies signalling a reversal to exit or partial exit; then watch for multi-tested resistance and ADX above 20 before trading.

Shows a powerful RSI bullish divergence with price falling while RSI rises. It features a hammer-like candle and bull harami, but a window and resistance temper the entry.

Chart 45 shows a stochastics bearish divergence where price rises and the fast stochastics falls, along with a shooting star variation and a bearish engulfing pattern.

Examine Adidas chart 46 to identify a strong bearish opening and patterns like bearish engulfing variation, bare separating line, and sash variation, with ADX and RSI divergence for confirmation.

Reject a trade quickly when a high wave candle near a window under a bull harami signals avoid long or short entries, and do nothing while waiting for the chart.

Explore candlestick patterns like hanging man, dark cloud cover, and bear harami on Amazon, and learn how price action and window support guide short trades with three-to-one setups.

chart 50 shows a bull harami, a candle pattern that signals closing or scaling back rather than initiating a trade in a strong downtrend; ignore this trade as market consolidates.

Chart 54 on Airtel shows six candlestick signals for a bearish reversal, including last engulfing top, bearish engulfing, bear sash, and bear harami, with a death blow confirming the move.

Chart 57 shows the sleeping giant bullish setup, with ADX crossing above 20 over four candles, signaling a bullish trend and a rising middle band with a bullish engulfing pattern.

Analyze chart 59 for NTPC: a candle opens above resistance but closes below, signaling a bearish move; despite cues, use a small position with ADX down and RSI divergence checks.

Spot a MACD histogram uptick signaling bullish momentum and a possible morning star if the candle closes above its midpoint, with a 3:1 reward-to-risk and cautious 0.25% capital risk.

Analyze a downside breakout on chart 61 using a bearish engulfing pattern, price window, RSI breach, and a weakening ADX trend, with 0.25% capital risk and Bollinger band considerations.

Evaluate a morning star setup within a steep downtrend, weigh favorable and unfavorable factors, seek price confirmation, and understand risk-reward before waiting out a long trade.

Identify a MACD histogram bullish divergence in Pfizer chart 64, where price falls while the histogram rises, supported by RSI and MACD divergence and Bollinger band considerations.

Explore crude oil chart 67, using adx downtick from the top, shooting stars, and red and green line crossovers to identify a trend losing steam and a false breakout.

Spot a powerful Apple trade using a rising window support, piercing and classic piercing patterns, and engulfing bottom confirmation, highlighting favorable risk-reward amid a strong downtrend.

Chart 70 HDFC shows an inverted hammer signaling strong support and bullish implication, confirmed by a subsequent inverted hammer and price action cues with ADX, RSI, and Bollinger bands.

Natural gas chart 72 shows a dead cross with 13- and 26-day moving averages, but a rising window prompts skipping the short setup to follow trading rules.

Chart 74 for Micron reveals a bottom with RSI divergence and a falling ADX, plus a hammer candle and a long white body, with 14-period RSI/ADX and 20-day sma guidance.

Assess RSI bearish divergence and dark cloud cover without Bollinger bands or ADX, identify a false breakout near 270, and seek confirmations before risking up to 0.25% of capital.

Chart 77 shows a dark cloud cover pattern that aligns with a MACD histogram downtick, highlighting MACD as a leading or coincident indicator like the RSI.

Chart 83 ITC shows the four-step false breakout method—establish and test support, break it, then close back above—plus patterns like bullish engulfing, while a falling window signals bears in control.

Bajaj Finance charts a MACD downside crossover with a bearish window and inverted U formation indicating resistance, forming a continuation trade supported by ADX, RSI, and MACD exit signals.

Identify a powerful RSI bearish divergence on Axis Bank chart, with a shooting star confirming prior resistance, ADX sloping down, bearish engulfing pattern, and a round-number zone near 660/650.

Chart 90 Oracle shows a box range, falling window, and breakout with a bearish candle. Target and stop above the window; ADX up, RSI weakness, Bollinger downtrend confirm.

Identify four bullish signals in chart 91: rising window, macd bullish crossover, bullish divergence, and a hammer, but beware resistance and a poor reward-to-risk; avoid extra confirmations in risky conditions.

Analyze a Bollinger bands squeeze strategy on Nvidia, illustrating a breakout, a fake out, a rising middle band, and continuation-trade considerations.

Analyze a tweezer stop pattern on EURUSD, noting bear harami and hanging man. No trade here; exit longs or wait for stronger confirmation on higher timeframes.

Explore a variation of the triple top with a neckline break, where ADX above 20 and rising and RSI weakness confirm a downtrend, guiding a strong entry and exit.

Analyze IndusInd Bank chart patterns, including star, high wave, spinning top, and doji, to identify morning star setups and false breakouts with clear entry and risk-reward.

Dive into chart 100 with wipro, showing an adx sleeping giant setup from under 20 to above 20, a falling window, bearish signal, and bollinger bands guiding a downtrend trade.

Revisit the decision making framework by weighing trade factors, adding confirmations, and making a subjective entry decision while applying risk, money management, and stop loss, using templates and pdfs charts.