
Discover the fundamentals of candlesticks, how they open and close, and how candlestick patterns work with confluences, through live chart examples while emphasizing note-taking.
Explore the basics of candlesticks and the most high-probability patterns, learn how open, close, high, and low define each candle, and trade only in important zones.
Learn how bullish and bearish engulfing candles engulf the previous candle to reveal strength or weakness, signaling trend continuations or reversals.
Examine bullish and bearish engulfing candlesticks with three entry points near resistance in a downtrend, using 50 percent midpoints and tight stop losses to balance risk and reward.
Learn to identify pin bar candlesticks within key zones of support and resistance, using price action and liquidity to time entries at close, below low, or midpoint.
Spot doji candles as indicators of indecision, with small bodies and long wicks, and use them to signal potential reversals or momentum loss in key price areas.
Master the inside bar candle pattern, where a second candle stays within the previous bar's range, signaling momentum loss and potential reversal with practical trading cues using indicators on TradingView.
Identify the evening star and morning star candlestick patterns as three-candle reversal signals that mark tops and bottoms of trends. Assess last-candle follow-through and overall strength to gauge reversal probability.
Explore morning star and evening star candlestick patterns through live examples, including variations, indecision signals, momentum confirmation, and how they indicate swings near support and resistance zones.
Identify tweezer tops and tweezer bottoms as major reversal signals at uptrend tops and downtrend bottoms, confirmed by two consecutive candles rejecting the same price level.
Learn how tweezer tops and bottoms and pin bar patterns signal swings within an uptrend, aligned with higher time frame trends, with key entry points, stop losses, and re-entry strategies.
Master candlestick momentum using three black crows for bearish signals in uptrends, and three white soldiers for bullish momentum at trend bottoms or continuations; bigger candles strengthen momentum.
Explore three black crows and three white soldiers to identify momentum shifts, pullbacks, and entry signals across higher and lower time frames, with focus on strength and weakness indicators.
Explore rising three and falling three candlestick methods, showing inside-bar patterns, mother bars, and how three smaller candles signal continuation after a strong move.
Learn the falling three and rising three candlestick methods as continuation patterns, spotting pullbacks, losing momentum, and entry opportunities with inside bars, pin bars, and evening stars.
Master the fakie, a trend continuation pattern using inside bars, mother bars, and pin bars to trap traders and signal entry points in bullish or bearish setups.
Identify fakey price patterns with three entry points around the mother bar, including fake close and midpoint entry, emphasizing trend continuations and signals like pin bars and evening star.
Thanks for being part of this course!
You can check out all of my courses on Udemy, as well as get the link to my website (for mentorship) from my Udemy Profile.
I hope you continue to keep learning and mastering this craft :)
https://www.udemy.com/user/dilpreetchahal/
Hello my fellow traders!
There are hundreds of candlestick patterns... do you really need to know them all to be a successful trader?
HELL NO.
Don't waste your time learning all the freaking candlestick patterns out there because I'll tell you right now... they won't make you a successful trader.
I've spent hundreds of hours reading about candlesticks, studying candlestick patterns, and trying to find what candles work the best.. and truth be told. A lot of it was a waste of time.
The most important part when you trade candlesticks isn't actually the candles themselves... It's the zones and areas you trade them in. This is what so many beginning traders get wrong - they trade candlestick patterns anywhere on the charts when they shouldn't be.
With that being said, there are certain candlestick formations which I have found to be more profitable than others. These are the candlestick patterns I cover in this course.
IF you really want to succeed in trading, I would check out my other courses. This course will definitely help you gain some knowledge on candlestick trading but this is just a very small piece of the bigger puzzle.
I wish you all the best on your trading journey.
Enjoy the course!
Much Love
Dilpreet