
Learn how Japanese candlesticks reveal price action by detailing each candle’s opening, high, low, and closing prices, and distinguish bullish and bearish candles within the chosen time frame.
Explore how candlesticks classify by body size and shadows, compare with the previous candle, and identify bullish, bearish, spinning tops, long-bodied candles, and doji to gauge momentum and uncertainty.
Explore marubozu candlesticks, six patterns from full white to closing black, and how their lack of shadow signals strong bullish or bearish moves and guides trades.
Learn to read candlestick reversal patterns as guidelines, watching for power shifting from bulls to bears within uptrends or downtrends, and confirm with trend context.
Explore bullish reversal patterns after a downtrend, such as bullish engulfing where the prior red body is fully covered, and bullish harami with a confirmation cross or doji variant.
Identify bearish reversal patterns in Japanese candlesticks, starting from an uptrend to a downtrend, including inverted hammer and shooting star, with confirmation from subsequent candles.
Explore bearish reversal patterns like the evening star, three black crows, belt hold, and hanging man, and learn how confirmation signals momentum shift from bulls to bears.
Explore continuation patterns in Japanese candlesticks, where a rapid move pauses with time wise or price wise corrections, indicating bullish or bearish continuation.
Explore bullish continuation patterns in Japanese candlesticks, showing how uptrends pause with consolidation and resume, with formations like upside gap three, rising three, and the neck and thrusting line.
Identify flag and inverted flag continuation patterns, bullish and bearish, with flagpole, breakout, and targets at least as long as the flagpole, including pennants.
Blend consecutive candlesticks into a single candle to reveal reversal or continuation signals; set open to the first candle, close to the last, and use the blend's high and low.
Explore key candlestick concepts, including treating similar levels as the same, recognizing demand and supply from overlapping shadows, and using breakouts, kickers, and flags with a stop loss.
Candlestick Charts is a very powerful tool in the hands of a trader. Unfortunately, it is often misunderstood by many. Sticking to copybook patterns rarely helps. A good chart reader can see many more things that the average traders miss. There are subtle hints that candlestick chart gives, but only if you know what to look into the chart, then you can notice them. Otherwise, you are more likely to make mistakes, and lose money. This course educates you about different types of candlesticks, how to read them correctly, what they indicate etc.
Use of animations wherever possible and a large number of examples from real charts makes it easy to understand different patterns, formations, their variations, and how do they indicate the change of power from the hands of the bulls to the bears or vice versa. Moreover, there is a special tool unknown to many, called as the blending of candlesticks. Many traders are unaware of this powerful tool. In this course, along with many other videos, you will find an exclusive video on blending of candlesticks. Paired with animation, this will help you better understand how blending works, and how a trader can understand possible reversals as soon as the signal appears on the chart, directly or indirectly.
You should definitely learn this powerful technique as it can make a huge difference between the loss and the profit, making you a much better trader