Lecture 1.5: Analysis Factor (2)
Recognizing Candlestick Patterns
Candlestick patterns are a key tool in technical analysis. Each candlestick tells a story about market behavior, and understanding that story can significantly improve your trading decisions.
What’s the logic behind candlestick formation?
Candlesticks visually represent price movements within a specific time frame. The shape and color of each candle reveal who’s in control—the buyers or the sellers. Once you understand this logic, you’ll be in a better position to predict potential market movements and boost your profits.
Candlesticks often form repeatable structures known as candlestick patterns. These patterns are valuable because they can indicate what the market might do next.
Here’s what you need to do:
(1) Study the candlestick patterns shown in the image below.
(2) Practice recognizing them on real charts.
(3) Combine this knowledge with everything else you’ve learned so far.
(4) Apply it in your analysis to start predicting the market like a pro.
Don’t waste time guessing.
Understand the patterns, act with confidence, and avoid unnecessary losses.
That’s all for now. If you have any questions, feel free to ask in the comments.
Like, share, and keep learning. See you in the next session!
