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🧭 STEP BY STEP TO PREDICT THE NEXT CANDLE IN TRADING
4. Identify key areas
> 🔍 Look for supports, resistances, supply and demand zones.
If a candle closes right above a resistance, a bearish candle might follow.
If it bounces off a support, you might expect a bullish candle.
5. Look for Japanese candlestick patterns
> 🕯️ Some single candle patterns or combinations indicate reversal or continuation:
Hammer: possible bullish reversal
Shooting Star: possible bearish reversal
Engulfing: strong change in direction
Doji: indecision (wait for confirmation)
6. Consult technical indicators (optional)
🔧 Use confirmations with:
RSI: Is it overbought (>70) or oversold (<30)?
MACD: Is it crossing upwards or downwards?
Volume: Did the previous candle have increased volume?
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