Level 6 - Japanese Candlesticks Trading Mastery Program

Construct the central pivot range by adding its upper and lower boundaries to the seven pivot levels, using blue shaded horizontal lines on 10–15 minute charts to anticipate future sessions.

Observe how the central pivot range width varies with prior day volatility, widening after volatile days and narrowing after range-bound days, indicating day-to-day price action differences.

Explore how price action interacts with the central pivot range in a downtrend, with all candles below the range on several days, guiding stop-loss placement above the range.

Analyze price action in an uptrend relative to the central pivot range across multiple days. Spot continuation trades when the price stays above the central pivot.

Analyze how an inverted hammer within the central pivot range signals bullish confirmation when the next candle closes above the real body, highlighting central pivot range support and time stops.

demonstrates the precision of japanese candlesticks and the central pivot range, showing resistance on pullbacks and trades with stops above the range only when a pattern forms.

Examines a bearish engulfing pattern at the central pivot range on a 15-minute chart, noting open above and close below the range, with hammer support and risk considerations.

Explore how S1 strengthens the uptrend as crucial support beyond the central pivot range, guiding stop placement and signaling trend validity when price tests without closing below S1.

Observe how, in a downtrend, the central pivot range acts as resistance and keeps prices in a range. Close above R1 signals a reversal; breaking R1 confirms an upturn.

The central pivot range acts as resistance in a downtrend, keeping price action below the range and signaling bearish momentum; R-1 holding or R-2 break signals reversals.

Level 6 Japanese candlesticks program teaches using the central pivot range as support in uptrends, with specific candlestick patterns and disciplined stop losses beyond the central pivot range or S1.

Explore unusual price action on a 15-minute chart of Hero MotoCorp, identifying a neutral zone, bear harami signals, and a wide central range that creates a no-trade zone.

Trade aggressively when price action stays above the central pivot range, entering longs with a stop-loss, using time stops, and actively managing exits for favorable risk.

Identify the downside break of the central pivot range, bullish close above the range toward ar3, and confirm with a hammer before s1 breaks to sustain the trend.

Identify bullish engulfing patterns inside the central pivot range to confirm an uptrend, manage risk with strategic stops, and target profits while watching for resistance.

Spot a single candle break of the central pivot range; this bearish signal suggests a small short with a tight stop and a target within four candles.

Examine reward-to-risk setups within the central pivot range using candlestick signals: shooting star, bearish engulfing, inverted hammer, and Morningstar, to show why some trades fail due to tight stop losses.

Identify barriers to profit targets as the central pivot acts as resistance amid bearish signals like shooting star and hanging man. Watch the prior day low for stop placement.

Identify a shooting star at the central pivot range confirming a bearish engulfing pattern and downtrend, plan a short with a stop loss above the central pivot range.

explore bullish and bearish engulfing patterns near the central pivot range on a 15-minute chart, and how the central pivot's gravitational pull shapes intraday trades around support and resistance.

Explore false breakouts and four-step system to trade bullish engulfing patterns; establish support, test the level, and wait for three more candles to close above the line before going long.

Master false breaks at multi-tested resistance by testing price action crosses without closing above, and using the three-candle confirmation to time short entries.

Explore how the hammer at a false break creates a bullish setup on daily charts through a four-step method: identify support, test, break, and close above.

The shooting star completes a bearish pattern as price tests resistance and forms a false break; traders may short on the third step or wait for confirmation.

Assess reward-to-risk around false breaks by using shooting star resistance, a test break, and a close below, with a stop loss above the high and targets near support.

Establish the support line and use bullish engulfing and piercing patterns as signals. Wait for a candle close above the line to confirm the breakout and manage risk.

Apply the four-step method to identify real versus false breakouts on an ONGC chart: establish the support level, test it, observe a decisive break, and confirm with the next candles.

Analyze price action on a daily chart to identify support and resistance, test the levels, confirm a break, and enter a short with a stop loss to limit risk.

Analyze how testing resistance, false breaks, and waiting for confirmation, with its cost, shape entry timing and risk-reward in Japanese candlestick trading.

Study the four-step candlestick process and only apply the three candle rule when all steps are complete; the chart shows shooting star, resistance, breakout, and confirmation through a back-inside close.

Pay attention to market context by identifying support and resistance windows, recognizing rising and falling windows, and avoiding trades in no-trade zones until a decisive break confirms the setup.

Identify rising and falling windows in price action to establish strong support, test windows, and confirm breakouts using the three candle rule for bullish entries with a stop loss.

Identify a multi-tested resistance as a bearish engulfing pattern completes a false break, signaling a short setup with a stop above the resistance and target near the rising window.

Explain how a hammer confirms a false break on a candlesticks chart, using a four-step process with support tests, morning star and bullish engulfing signals, and a stop loss.

Explain how the bullish engulfing pattern confirms a false break within a disciplined four-step trading process, using price action, confirmations, and risk-reward considerations for professional candlestick traders.

Analyze a daily candlestick chart using shooting star and bullish engulfing patterns to spot resistance tests and breaks, weighing confirmation timing and choosing not to trade.

Demonstrates why you should not wait for a false break, using a bullish engulfing variation, piercing pattern, and hammer signals to enter trades with clear stop loss levels.

Explore the piercing pattern confirming a false break, where a rising window becomes support, tests with a close above support, and leads to a breakout that requires candle-by-candle management.

Identify a false break by confirming a test of the support line after a candle closes back above it, distinguishing it from true breakouts within the four-step system.

Explore the strength of support through a four-step candlestick pattern approach, using hammers, tests, false breaks, and bullish confirmations to boost trade probability, with strict stop-loss and reward-to-risk targets.

Master placing price stops and targets using hard, moving, and mental targets, time and trailing stops, and candle-pattern based support and resistance, illustrated with Bajaj Financial Services' three targets.

Use time stops on a daily chart to exit if price doesn’t move in the first five candles, while placing hard stops below key support and leveraging bullish engulfing patterns.

Trade the false break pattern on Britannia Industries' chart. Use a support test and bullish engulfing pattern with stops below the red line and targets at the blue line.

Learn how a rising window forms a support zone and why misapplying the first step method leads to price stops; treat the entire window as a zone for reliable tests.

Explain why box ranges provide price targets but aren't guaranteed resistance; wait for a close above key lines and practice patience before entering trades.

Draw resistance and support zones on a daily chart, using morning star and bullish engulfing patterns to time long entries and place stops below the support zone.

Establish a resistance zone and support line using inverted hammer, bull harami, and bullish engulfing patterns, with price confirmation and false break steps guiding entries.

On a daily chart of JSW Steel, draw the support zone and enter long at a bullish engulfing pattern, with a stop under the zone and target the zone height.

Explore how a wide resistance zone guides uptrends on the daily chart, highlighting tests, placing stops beyond the zone, and using bullish engulfing and piercing patterns to set targets.

Identify a narrow support zone as a stop loss using bullish candlestick signals like the morning star and bullish engulfing pattern, with tests and caution on false breaks.

Use a 20-day simple moving average as a mental stop loss after a bullish engulfing pattern signals entry, and stay in while price remains above the moving average.

Identify wide support and resistance zones using candlestick patterns like bearish engulfing and dark cloud cover, and assess reward-to-risk within that range.

Adjust position size with stop-loss height in a downtrend by following multi-step support steps, bullish engulfing and hammer patterns to time entries and manage risk.

Listen to the market as shooting stars form a resistance zone, then confirm with three consecutive shooting stars to enter a short, place a stop loss, and target prior lows.

Identify a no trade zone by recognizing the resistance from a falling window and the support from a rising window on the daily London banks chart, using candlesticks.

Define a mental stop loss with a resistance from the shooting star high and a support from the morning star, then exit if price closes above the shooting star high.

Learn to exit before the target by reading candlestick patterns, including morning star variations, hanging man confirmations, and shooting stars, and distinguish hard versus soft targets.

Apply a four-step process on the daily chart to stay in a trade, using rising windows as support and mental versus hard stops to manage risk.

Learn how to place a price stop below a resistance-turned-support zone and use a mental stop below a rising window, leveraging falling and rising windows as powerful candlestick signals.

Learn to remove price targets and move stops in response to price action, using a four step system with resistance, support, and candlestick signals.

Learn to apply the triple screen trading system across monthly, weekly, and hourly time frames, identifying downtrends with a 20-period moving average, bearish signals, and patience before entering shorts.

Analyze a classic uptrend across monthly to weekly charts, where the 20-period simple moving average provides support, and apply the triple screen trading system to navigate resistance and potential breaks.

Analyze the monthly and weekly charts of IndusInd to confirm a downtrend, spotting bearish signals like dark cloud cover and shooting stars at resistance, with moving averages guiding shorts.

Cadillac health care's monthly chart shows price heading toward a target in an uptrend, with the moving average acting between support and resistance for breakouts or pullbacks.

Explains bullish price action in an uptrend, using the 20 period simple moving average as support, and shows how monthly and weekly charts guide trades, reversal trades, and continuation trades.

Identify a rangebound price action on the weekly chart and trade the range on the daily, using support and resistance levels for long or short entries.

Analyze Hindalco's weekly and daily charts to identify market consolidation, with price testing support and resistance around a moving average; use inverted hammer and shooting star signals to trade range.

Analyze bullish candlestick patterns—hammer, morning star, bullish engulfing—and the uptrend with moving average support in Adani Enterprises. Explore breakouts and box-range targets as bulls drive prices higher.

Analyze a clear downtrend and competing candlestick signals—bearish engulfing, dark cloud cover, inverted hammer—then wait for a retracement toward the moving average resistance before trading.

Analyze a clear weekly downtrend with bearish patterns such as bearish engulfing and dark cloud cover, and outline a strategy to wait for retracements and bearish signals.

Analyze daily trends to guide hourly trading, spotting moving average breakouts, bullish engulfing pattern, and resistance and support zones for long or short trade setups.

Identify a neutral daily trend with a flat moving average, then trade the hourly range using support and resistance and candlestick patterns like bullish engulfing, hammer, and shooting star.

Follow a downtrend with lower highs and lower lows on the daily chart, and anticipate a bearish breakout on the hourly chart if the price breaks below support.

In this session, we analyze an uptrending stock on a daily chart, using price action and multiple tested support to assess breakouts, resistance, and reward-to-risk on the hourly view.

Analyze falling window as resistance on hourly chart with daily moving average, noting piercing pattern and inverted hammer as conflicting signals; wait for bullish confirmation before entering long.

Analyze intraday ten-minute charts to observe price action in a range-bound market. Use the moving average to sense the long-term trend and spot shorting opportunities when price retreats toward it.

Spot the uptrend on the hourly chart; price stays above the moving average. Trade intraday on the 10-minute chart with pivot points and central pivot range, watch resistance.

Identify bullish momentum signaling a possible upside breakout on the hourly chart, with a bearish engulfing pattern acting as resistance, and target long entries on the 10-minute chart toward R2.

Draw support, resistance, and pivot lines to reveal price between levels. Watch the moving average slope and the 10-minute chart to anticipate breaks and set targets on MindTree.

Analyze the hanging man at resistance on the hourly chart, noting required confirmation and the bullish shadow. Use multi-timeframe analysis and pivot levels to guide potential entries and risk.

Explore the dungeon channel trading system alongside candlesticks and Bollinger bands. Focus on high/low based bounds, bearish engulfing signals, and risk management within channel limits.

Explore trading with confirmation on a daily Kotek chart using the Dungen channel, including bullish engulfing confirmations, lower band tests, and old resistance becoming new support for long entries.

Avoid entering trades near upper end when a rising window remains unclosed, since the window acts as support; wait for price action and bearish engulfing signals to confirm before trading.

Identify a shooting star confirming a falling window and recognize how it signals resistance and a potential intraday price decline for bearish trades, based on Japanese candlesticks.

Identify a hammer on the daily chart as a signal to ignore, as a strong resistance window forms and price stalls near the lower band.

Analyze a daily price chart showing a bearish and bullish pattern, a variation of the evening star near the upper channel, with entry, stop loss, and target framed by reward-to-risk.

on a daily chart, a downside break of the middle Bollinger band signals a potential price drop, with the middle band acting as resistance after previously supporting the price.

Spot downside breakout with a falling window that breaks support; the middle band remains resistance. Go short with a stop above the window and hold until a bullish pattern appears.

Prices in an uptrend mostly stay between the middle band and the upper band, with a rising window forming support; avoid shorting on a shooting star near support.

Place a stop loss above the upper bound of the channel on a daily chart, using a dark cloud cover and hammer pattern to go short, emphasizing reward-to-risk.

Identify multiple confirmations on a daily chart, including a bullish engulfing pattern and a hammer confirming support and the channel’s lower bound, then consider going long toward the target.

Identify pullbacks in an uptrend and trade bullish engulfing patterns near the middle band, using retracements and rising window as in Bollinger bands.

Identify long bottom formations at the lower bound, including bullish engulfing and inverted hammer, and go long after around six days with a stop below the bottom.

Inverted hammer at the lower band signals support on the HDFC chart, with bullish engulfing and morning star patterns and a close above the real body forming a rising window.

Observe a temporary retracement in an uptrend to the middle band as price adjusts. Note most candles stay above the middle band, with only a few closes below, not broken.

Spot windows and bullish engulfing setups on a daily chart at Bank of Baroda to exploit support and resistance and target profitable moves in japanese candlesticks trading.

Learn to spot traditional upside breakouts on daily charts, trading breakouts above box ranges with favorable reward-to-risk, while watching for price relative to the upper bound and reversal signals.

Learn how the middle band provides support in an uptrend, is tested or broken, and why stop losses should follow candle patterns rather than the middle band within Bollinger bands.

Identify a piercing pattern at the middle band signaling a potential long trade, with a stop below the pattern low and prior resistance becoming new support; the setup works.

Value lies in waiting for confirmation before trading, using bullish engulfing patterns and breaks below the middle band. In downtrends, price stays between the middle and lower bands.

Advance to level seven of the japanese candlesticks trading mastery program to dive deeper into the vast candlesticks knowledge and continue your mastery.