Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Binary Trading

Download as xlsx, pdf, or txt
Download as xlsx, pdf, or txt
You are on page 1of 855

Con

Hammer Candle
Strong Candle
Spinning top Candle
Doji
Trend
Common Level
Gap Level
Overlap Level
Engulfing Pattern ( Level )
Piercing Line & Dark Cloud Cover (
Inside Bar & Outside Bar ( Level )
Bullish Hammer Level
Bearish Hammer Level
Spinning Top Level
Morning Star & Evening Star Level
M and W Pattern Level
Head and Shoulder Level
All Chart Patterns
Market Structure
Tail Less Candle Strategy
How to Find Buyer And Seller Positi
Candlestick Reaction
FFLL & FFLC
5-Minute Candle Strategy/Single Ca
Three Candle Rejection Pattern
Trading Rules
Compounding Rules
Emotion In Trading
* THERE ARE FOUR TYPE
1. Hammer Candle
2. Strong Candle
3. Spinning Top Candle
4. Doji Candle
1. Hammer Candle

NOTE: - The opening a


Type of Hammer Candl
2. Strong Candle
Compare Last Candle
Type Of Strong Candle
Marubozu Candle

NOTE: - 50% level of


Type Of Marubozu Cand
3. Spinning Top Candle

Important Str
Type Of Spinning Top C
Conten
Hammer Candle
Strong Candle
Spinning top Candle
Doji
Trend
Common Level
Gap Level
Overlap Level
Engulfing Pattern ( Level )
Piercing Line & Dark Cloud Cover ( Level )
Inside Bar & Outside Bar ( Level )
Bullish Hammer Level
Bearish Hammer Level
Spinning Top Level
Morning Star & Evening Star Level
M and W Pattern Level
Head and Shoulder Level
All Chart Patterns
Bullish Hammer Level
Bearish Hammer Level
Spinning Top Level
Morning Star & Evening Star Level
M and W Pattern Level
Head and Shoulder Level
All Chart Patterns
Candle gap-up & gap-down trade
Bullish & Bearish Engulfing Trade
Piercing Line & Dark Cloud Cover trade
Morning Star & Evening Star Trade
HH, LH, HL, LL Level Trade
Chart Pattern Trade
Market Structure
Tail Less Candle Strategy
How to Find Buyer And Seller Positions
Candlestick Reaction
FFLL & FFLC
5-Minute Candle Strategy/Single Candle Minor L
Three Candle Rejection Pattern
Trading Rules
Compounding Rules
Emotion In Trading
Market Structure
Tail Less Candle Strategy
How to Find Buyer And Seller Positions
Candlestick Reaction
FFLL & FFLC
5-Minute Candle Strategy/Single Candle Minor L
Three Candle Rejection Pattern
Trading Rules
Compounding Rules
Emotion In Trading

Day
THERE ARE FOUR TYPES OF CA
. Hammer Candle
. Strong Candle
. Spinning Top Candle
. Doji Candle
. Hammer Candle

Importa
NOTE: - The opening and clos
Type of Hammer Candle
2. Strong Candle
Compare Last Candle
Type Of Strong Candle
Marubozu Candle

50% S
NOTE: - 50% level of a stron
Type Of Marubozu Candle
3. Spinning Top Candle

Important Strong Lev


Type Of Spinning Top Candle
3. Doji Candle

Type of Doji Candle

Doji Graveston
NOTE: In any doji, the party
trend is towards the party m

* TREND
Uptrend
NOTE: When a level bre
candle, then that level
1. Common Levels
2. Gap Level

NOTE: There should be maximum t


body break of any candle.
Common L
B. Trendline Common Lev
NOTE: Instead of a 45 to 90-deg
respect any levels more.
2. Gap Levels

NOTE: The gap level is only in the candle of the same colorNOTE: If there is a gap level in the market without any reason, then tha
2. Overlap Levels
NOTE: The Overlap leve
3. Doji Candle
S
Type of Doji Candle

Doji Gravestone D
NOTE: In any doji, the party making
trend is towards the party making t

* TREND
Uptrend
NOTE: When a level breakou
candle, then that level will b
L
L
Day
1. Common Levels
2. Gap Level

NOTE: There should be maximum touch poi


body break of any candle.
Common Level
B. Trendline Common Level
NOTE: Instead of a 45 to 90-degree tren
respect any levels more.
2. Gap Levels
Gap
E: The gap level is only in the candle of the same colorNOTE: If there is a gap level in the market without any reason, then that level will work less.NOTE
2. Overlap Levels
NOTE: The Overlap level is only
Overlap Level
1. Engulfing Pattern

2. Piercing Line & Dark C


3. OutSide Bar & Inside
NOTE: If the market is in an up
then the first target of the ma
market LH in a downtrend, its

NOTE: For more accuracy, tr


only.
NOTE: If a pattern is created
is coming without retesting
only up to 50% of the impuls
market is coming after retes
lower support and can also b
Day #3

Dark Cloud Cover


side Bar
n an uptrend and if the market is coming
he market will be to break HH similarly,
nd, its first target will be to break the L

acy, trade should always be done in im


reated on the top of the corrective wav
esting that pattern, then that corrective
mpulsive wave or will reverse before th
r retesting the pattern, then the market
also break the support.
1. Engulfing Pattern
NOTE: This is a continuation

A. Bullish En
This leve

ket Support Level


ket Support Level
50% Strong Level ( 100% )

Mar

B. Bearish
Market Res
NOTE: Although the 50% lev
can ignore the other levels

NOTE: Other Engulfing Type


Gap Engulfing
NOTE: Gap up and gap down
NOTE: If we consider the pre
then the closing of the engu
the previous candle, only the

NOTE: If the engulfing candl


also this pattern will be eng
wicks of the previous candle

NOTE: These engulfing patte


Market Support Level
NOTE: For this pattern to
closes above the level bro
50% level of the previous
NOTE: The 50% level of th
And the 2nd candle can fo
B. Dark Cloud Cover

50% level
50%
NOTE: For this pattern t
second candle closes be
also below the 50% leve
previous candle.
NOTE: In Piercing Line a
market does not require
NOTE: Other Piercing Li
Market Level
ern
nuation pattern.

ish Engulfing
his level is only useful for retest.

Power Of Level

( 50% )
( 75% )
Bearish Engulfing
ket Resistance Level
50% Strong Level ( 100% )

( 75% )

( 50% )

Power Of Level
50% level is the strongest level, you
levels if you wish.

ng Type Candle.
ap down should not be too much. and can
r the previous candle of the engulfing c
he engulfing candle should be between
only then the engulfing pattern will be

g candle engulfs the body of the previo


be engulfing pattern, it is not necessar
s candle to be engulfing pattern

ng patterns will not be valid


2. Piercing Line & Da
NOTE: This is a fak

50% level of the red candle


50% level of the green candle ( Strong Le
tern to be valid, it is necessary that the
evel broken by the previous candle and
revious candle.
vel of the 2nd candle is the strongest le
e can form from 51% to 100% of the pre
ver

Market Resistance Level

50% level of the Red candle ( Strong Level )


50% level of the Green candle
attern to be valid, it is necessary that t
loses below the level broken by the pre
0% level of the
g Line and Dark Cloud Cover patterns, t
require retest, the market goes withou
rcing Line & Dark Cloud Cover.
etest.

Level
evel ( 100% )

f Level
level, you
much. and candles should be healthy.
e engulfing candle as 100%,
be between 101% to 149% of
tern will be valid.

of the previous candle then


not necessary to engulf the
ttern

d
g Line & Dark Cloud Cover
This is a fake breakout pattern
A. Piercing Line

andle
candle ( Strong Level )
sary that the second candle
s candle and also above the

strongest level in this pattern.


0% of the previous candle

nce Level

vel )
essary that the
en by the previous candle and
er patterns, the
goes without retest.
ver.
A. Piercing Line
3. Inside Bar & OutSide B
A. Inside Bar
B
Candle Level Zone
NOTE: By the way, this level
the market reverses from an
Candle Level Zone
NOTE: We will consider Insid
is momentum of at least
pattern, and in uptrend th
low of the previous candle, a
should be above
the high of the previous can
A. Piercing Line
3. Inside Bar & OutSide Bar
A. Inside Bar
B. Ou
Candle Level Zone
NOTE: By the way, this level zone
the market reverses from anywh
Candle Level Zone
NOTE: We will consider Inside Ba
is momentum of at least three
pattern, and in uptrend the cl
low of the previous candle, and i
should be above
the high of the previous candle.
50% of previous candle
B. Dark Cloud Cover
side Bar

is no trade zone because


re in this zone.
r & Outside Bar only when there
healthy candles after the formation
osing of that momentum should be belo
a downtrend, The closing of that mome
NOTE: Three Candle Rejecti
dle Rejection Pattern
Level
ttern
Day #4
Single Candlestick Level
1. Bullish Hammer Level
2. Bearish Hammer Level
3. Spinning Top Level

NOTE: The 5-minute trend will b


1. Bullish Hammer Level
C

O Single Candles
Double Candlestick Important Level
In
2. Bearish Hammer Level
OC
el
el
vel

nd will be important for 1-minute trade.


Level

gle Candlestick Important Retest Level


vel
Hammer
50% Level

C
O
Inverted Hammer
Level

50% Level

Hammer
-minute trade.

evel
Double Candlestick Important Level
O
Single Can

In
NOTE: Single candlestick

1. Spinning Top Level

C
O
Important Level
Important Level
C
O

O
C Important Level

O
C
Day #5
Multiple Candlestick Level
nt Level

Single Candlestick Important Retest Level

Inverted Hammer
dlestick levels work more in a sideways

vel

Important Level
Important Level
evel
t Level

e in a sideways markets.
1. Morning Star & Evenin
2. Inside bar & Outside b
NOTE: The 5-minute trend wil
Power Of Level :-
HH, HL, LH, LL Level
Chart Pattern Level
Triple Candlestick Level Level Po

Double Candlestick Level Single C


NOTE: gap up, gap down and overla
1. Morning Star & Evening
Morning Star
Level Importance
(3)

(1)

(2)
NOTE: The 50% level of the
is an averagely stronger can
candle is weak then its 50%

NO
fro
fro
NOTE: The wick side of the
body of both candles, only th
NOTE: If the middle candl
this pattern will increase sli
NOTE: When a strong can
the strong candle will alw
1. Inside bar & Outside
Levels of this pattern are giv

NOTE: If two-three patte


then there the market wi
turn sideways.
Green Cand
NOTE: Gap level andLevel
overlap
far away.
Morning
Star
NOTE: The green 50% level
chart because the gap level
the level of the green candle
NOTE: When immediately af
forming on the opposite side
candle.
NOTE: If a candle does not r
then the candle will try to to
if the candle has touched th
may form the opposite. If a c
first time, then it will try to a
NOTE: The market never com
& Evening Star Level
utside bar Level
trend will be important for 1-minute tra

Level Power Increase

Single Candlestick Level


nd overlap levels will be in between.
Evening Star Level
ortance Level
) Impor
tance
(1)

(2)
el of the green candle is to be taken on
onger candle than the previous 10 cand
n its 50% level is not to be taken.

NOTE: When the market comes b


from above, it can take a reve
from these levels.
de of the middle candle should not be ab
es, only then this pattern will be valid.
dle candle in this pattern is green th
crease slightly.
rong candle appears in any pattern,
will always be an important strong

Evening Star
Outside bar Level
rn are given on page 22.

ee patterns are formed in the ma


arket will mostly follow the trend or e
Green Candle 50%
dLevel
overlap level always work in the mark

0% level is more important than the gap


gap level is formed on the left side of th
en candle is a newer level than the gap
diately after the closing of a candle, ano
osite side, then the first candle can be a

oes not reach the target in the first 30


l try to touch the target for sure in the n
uched the target in the first 30 seconds
site. If a candle has not been able to ac
ill try to achieve that target next time.
never completes " V and FFLL " against
1-minute trade.

between.
be taken only when this candle
ous 10 candles, but if the green
taken.

ket comes back


take a reversal
uld not be above the
ill be valid.
is green then the accuracy of

ny pattern, the 50% level of


tant strong level.
50% Level

in the market simultaneously,


the trend or else the market will
k in the market, even after going

than the gap level in this above


eft side of the green candle and
than the gap level.
a candle, another candle starts
ndle can be an Exhaustion

the first 30 seconds of opening,


sure in the next 30 seconds, but
t 30 seconds, then the candle
en able to achieve the target the
t next time.
FLL " against the trend (full feel
Chart Pattern Level

1. M - Pattern & W - Pa
2. Head and Shoulder &
1. M - Pattern & W - Pa

NOTE: For the M and W


this pattern should c

Common Level
Neckline

A( 2 )
B A( 1 )
Level Importance

NOTE: In the M pattern, whe


target is to break the nec
bottom to top, its target
Neckline Common
Level

Common
Level
Day #6
Level

& W - Pattern
houlder & Inverted Head and Sh
& W - Pattern

e M and W pattern to be valid, it is nece


n should consist of at least 5 or more c
M Pattern
Neckline Common Level

attern, when the market moves from to


ak the neckline (A) and when the ma
ts target is to break the neckline (B)

W
Pattern
W Level
Importance
Pattern
A( 2
) A( 1
Common )
B
and Shoulder

is necessary that
more candles.
from top to bottom, its
the market moves from
kline (B).
1. Head and Shoulder &
Head and Shoulder
Body Neck

NOTE: In This pattern, when the


to break the Wick Common Common
Level
Level n
to top, its target is to break the C
Inverte

Common
Comm
W
NOTE: HH, HL, LH, LL, and t
are a reversal level, the r
the market breakouts or ski
NOTE: Continuation happens
market. And if the trend i
NOTE: A breakout of round n
reversal in the market, but t
there are breakouts of round
every time should not be tak
Shoulder & Inverted Head and
oulder
Body Neckline Common Level Neckline

rn, when the market moves from top


ommon
Common
Level
Level neckline and when the ma
to break the Candle Body neckline. all s
Inverted Head and Shoulder

Common Level Neckline Body Neckline


on
Level
W
LH, LL, and the neckline level of the ch
l level, the rest are continuation lev
akouts or skips these levels, a reversal
ation happens whenever a candle witho
f the trend is with you then the acc
out of round number levels ( ex.775, 77
market, but trading in round numbers i
kouts of round number levels many time
uld not be taken.
Day #8
Gap up and Gap down trade
1. Green candle gap down Tr
2. Green candle gap up Trade
3. Red candle gap up Trade
4. Red candle gap down Trad
1. Green candle gap down Tr

Level
(
NOTE: It is necessary to reje
the wick touch of the B cand
NOTE: Candle B should not b
NOTE: Candle C should not b
NOTE: If candle B is a strong
level or below the rejection p
means entry has to be taken
NOTE: The first momentum
first momentum of candle-C
level and come down and for
NOTE: This setup can be risk
trade
own Trade
p Trade
Trade
wn Trade
own Trade

( C) Entry Candle
(B)
50% Of Green Candle

Wick Level

A) Entry is to be taken below


these levels
ry to reject the B candle from the level.
e B candle from the level.
uld not be a Doji candle.
uld not be the last candle of 5 minutes.
a strong candle, then entry is to be tak
ejection point of the wick of the previou
be taken below some support level.
omentum of candle-C should be belo
andle-C is above its opening, then cand
n and form a red candle.
an be risky on round numbers.
the level. It is necessary that

minutes.
to be taken below its 50%
e previous candle. This
level.
be below its opening. If the
hen candle-C can touch the
NOTE: If the market gap up,
time it reverses.
2. Green candle gap up

Level

(
NOTE: The gap-up level shou
pattern neckline). The can
reversal level.
NOTE: It is not necessary fo
NOTE: Her
gap-down because here buyers
buyers did not need to g
NOTE: If the opening of the gap-up
then avoid the trade beca
NOTE: If the market gap up, gap
time it reverses.
2. Green candle gap up Tr

Level

(B)
NOTE: The gap-up level should n
pattern neckline). The candle
reversal level.
NOTE: It is not necessary for the
NOTE: Here se
gap-down because here buyers di
buyers did not need to gap u
NOTE: If the opening of the gap-up an
then avoid the trade because
p, gap down without any reason, then m

up Trade

( C)

Entry Candle

(B)
Entry is to be taken below these levels
Entry

(A)

ould not be a reversal level (HH, HL, LH


andle can reverse when the gapup le

for the B-candle to be rejected from the


Here sellers have gap-up and
ers did not need to gap-up and gap-d
gap up and gap-down after level break
up and gap-down candle is done at the
cause there will be market indec
y reason, then most of the
en below these levels

evel (HH, HL, LH, LL, Chart


n the gapup level is the

jected from the level.


and
p-up and gap-down. Here
fter level breakout
e is done at the fixed level,
market indecision.
3. Red candle gap up T

Entry Candle

3. Red candle gap dow


Entry Candle
Day #9
Two Candlestick Level Tradi
1. Bullish Engulfing Trade
2. Bearish Engulfing Trade
3. Piercing Line Trade
4. Dark Cloud Cover Trade
1. Bullish Engulfing Trade
Pattern #1

(A (B
) )
(A (B
) )
Level
NOTE: The entry candle ( D-candle )
NOTE: The retracement candle (C-c
NOTE: Trade on the next candle
has broken the high of the B-candle
NOTE: While placing the trade, it is
resistance level near the top, nor sh
NOTE: If the trend is up then you ca
NOTE: If this pattern is form
wave, then this pattern do
market moves without retra
(A (B
) )

NOTE: D-candle should not b


NOTE: The closing of the D-c
B and C candles.
NOTE:
candle (C-candle) closes above
with rejection instead of the retest
50%, so do not trade here. Do n
level and the 50% level of t
(C) Retest
Level
50%
Level
(A (B
) )
NOTE: If the D-candle fails
candles and its next candle
previous candles, then we c
Pattern #2 )
NOTE: (Pattern #1) If the C-c
candle is a tailless candle th
can enter a trade here.
(C)

Retest Level
50% Level

(A (B ( C )Wick Level Gap


) ) Up

Retest Level
50% Level
Retest Level
50% Level

NOTE: Whenever Engulfing i


Because
(A ( B here the market ca
) )
NOTE: Whenever a strong ca
considered a strong candle.
p up Trade

Wick Level
50% Of Red Candle

Level

p down Trade
Level
Trading
de
Trade
ade Candle
(D
) Wick

ade Level 50%


Level
(C
de ) Trade
Entry
Retest
Level
50%
Level
candle ) should not be the last candle of
dle (C-candle) should not be doji.
candle (D-candle) only when the Retr
candle.
e, it is important to note that there sho
, nor should the previous candle touch
you can trade on candle opening at you

Trade
(E Candle
)
Wick
Level
50%
Level
(C Trade Entry
(D
Retest Level
) )
(C Trade Entry
(D
Retest Level
is formed in the middle of the impulsive
) )

tern does not50% require retracement, t


ut retracement.Level
(B
)
Pattern #2

ld not be a doji candle


the D-candle should be above the high
NOTE: If the retracement
above the level of 50% of the
retest level, then the next candle may
re. Do not trade if the candle closes be
l of the engulfing candle, retraceme
Retest close above the
Level
retest level
50%
Level
dle fails to break the high of the pre
candle is a tailless candle that breaks t
en we can take a little risk if the trend is

the C-candle does not retest in the upt


andle that breaks the highs of all previo
e.

NOTE: If there is a gap from the


t Level retest level of the C-candle the
evel
can retest. so
don't trade here
Gap
Up
NOTE: Gap up below the level,
t Level
evel
t Level
evel

ulfing is in between two levels, do not t


rket can get stuck.
rong candle has a big wick, then that c
candle..
t candle of five minutes.
oji.
n the Retracement candle

there should not be any


dle touch that level.
ning at your own risk.

50%
Level
e impulsive
cement, the

Level

e the high of the wick of the


nt
of the engulfing candle
andle may break the level of
closes between the retest
retracement candle should
of the previous
at breaks the highs of all the
the trend is with us. ( in

in the uptrend and the C-


f all previous candles, we

ap from the
candle then the next candle

the level, do not trade here.


ls, do not trade there.

hen that candle is not to be


( C)

(
A )
( B)

(D)
NOTE: If the market does no
completes the target in the
trend change.
2. Bear

Level
do not trade here
Retest Level
50% Level

If the market does not meet the target


etes the target in the opposite direction
change.
2. Bearish Engulfing T
Pattern #1

Level

(A (B Trade
) ) Entry

Retes
Level
(C
50% Level
)

(D
)
(D
)
Level

(A) (B) Trade

(C)

3. Piercing Line Trade


(C)

(A
( B)
)

NOTE: In this, the accurac


remains up to 80%..
NOTE: Entry is to be taken b
buyers' entry (rejection) is s
candle can also become a b
NOTE: If the C-candle gap-up
apply here.
NOTE: Generally retest is
can take entry if you see a r
NOTE: There should not be a
NOTE: If a pattern forms in t
move from there without ret

3. Dark Cloud Cover Tr


Leve
l
Leve
l
Pattern #2

Trade Entry

50% Level

Retest Level
( D)
50% Level
Wick Level

( E)

Trade

Trade
Trade Candle

(A
)
Level

accuracy of the trade in candle op

e taken below the level of 50% of B-can


tion) is seen there. Because if this does
come a big red candle.

50% Level
50% Level

le gap-up gapdown, then the rule of gap

etest is not required in this pattern


u see a rejection of buyers below the 50
not be any resistance level near the en
orms in the middle of an impulsive wave
thout retesting the pattern.

over Trade
(A) ( B)
(A) ( B)
50%
Level

(C
)

Trade
Candle
Trade candle
ndle

in candle opening

f 50% of B-candle only when


use if this does not happen, the C-
the rule of gap-up gap-down will

this pattern but for safety, you


rs below the 50% level.
vel near the entry candle.
mpulsive wave, the market can
rn.
50%
Level
Day #10
Three Candlestick Level Tra
1. Morning Star Trade
2. Evening Star Trade

1. Morning Star Trade

(E)
NOTE: The trade candle s
(A) NOTE: The continuation can
should not be any strong lev
NOTE: The market does not
NOTE: The closing of the D-c
C-candle.
NOTE: For more safety, you
candle or below the high
NOTE: The accuracy of this
accuracy, you can trade at t
(F)

NOTE: ( Pattern #2 ) The E-c


(A) But it is even better if the E-
candles.
NOTE: ( Pattern #2 ) The con
or spinning top.
NOTE: ( Pattern #2 ) For safe
the continuation candle ( E-c
NOTE: Trading the one-minu
target can give you some he

NOTE: If the continuation ca


also be a sureshot
NOTE: If ever a tailless c
fulfills or engulfs the previou
in the subsequent momentu
the trend is with it then
to have the head of the ta
NOTE: If the tailless ca
NOTE: If you look at pattern
formed, Morning Star and En
to both patterns.
(A)
Day #10
Three Candlestick Level Trading
1. Morning Star Trade
2. Evening Star Trade

1. Morning Star Trade

Safety
Entry

50%
Level
(D) Wick
Level
(D) Wick
Level
Retest
Level
50%
NOTE: The trade candle should
Level
NOTE: The continuation candle (
(C) Wick
should not Level
be any strong level ne
(B
)
NOTE: The market does not need
NOTE: The closing of the D-candl
C-candle.
NOTE: For more safety, you can t
candle or below the high of th
NOTE: The accuracy of this patte
accuracy, you can trade at the b

Pa
T
Safety
Entry

(E
(D) 50% Level
) Retest
Level
50%
NOTE: ( Pattern #2 ) The E-candle
Level

But
(C)
it is even
Wickbetter if the E-cand

(B candles. Level

)
NOTE: ( Pattern #2 ) The continu
or spinning top.
NOTE: ( Pattern #2 ) For safety, t
the continuation candle ( E-cand
NOTE: Trading the one-minute ch
target can give you some help w

NOTE: If the continuation candle


also be a sureshot
NOTE: If ever a tailless candle
fulfills or engulfs the previous ca
in the subsequent momentum, th
the trend is with it then it mo
to have the head of the tailles
NOTE: If the tailless candle

Pa
NOTE: If you look at pattern #3,
formed, Morning Star and Engulf
to both patterns.

Trade
Candle

(D
)
(D
)

(A (C
) (B )
)
(D
)

(C
(B )
)
ading

Pattern #1

Trade Candle
should not be the last candle of fiv
ndle (D-candle) should not be a doji can
vel nearby.
t need to retest in the middle of an imp
-candle should be above the high of the

u can take the trade below the 50% leve


of the wick of the C- candle.
s pattern comes up to 90-95%. For more
the beginning of the impulsive wave.

Pattern #2
Trade Candle
candle should close above the high of t
E-candle closes above the high of both t

ontinuation candle ( E-candle ) should n

fety, the trade can be taken below the 5


-candle ).
ute charts with a five-minute market
elp with your trading setup.

candle is of tail less then the trade can


candle comes into the market which
ous candle, then whenever a tailless ca
um, the market mostly does continuati
it mostly becomes a sureshot. It is
tailless candle.
andle hits the target, most do con

Pattern #3
rn #3, there are two patterns being
Engulfing, so you can trade according

Trade Candle

Safety
(F Entry

(E )
(D
) )
(D (E
) ) 50% Level
Retest Level

50%
Level

Wick
Level

Safety
(F Entry

)
Safety
(F Entry

(E )
(D
) )
50%
Level
50%
Level

Wick
Level
GapUp

if there is a level
********************************************************
Retest Level (E)
50% Level (D)

(A)
(C)
(B)

GapDown

if there is a level
(E)
(E)
********************************************************
Retest Level
50% Level (D)

(A) (B) (C)

Trade Candle
Retest Level
(B) Two Retracement
(D) (F)
(E)

50% Level

(A) (C)

NOTE: Retracement can hap


three candles.

Trade Candle
NOTE: If there is no leve
opening, then this

gapup is done by the s


**************

is a level below the


been skipped, then it
gapup buyers.

NOTE: If there is no
GapDown
the E-candle, then this gap-d
sellers. Bu
there is a level abov
**************

candle, then gap-dow


this to break that lev
for safety can be take
candle

e Candle
est Level
Retracement Candles
(G)

50% Level

nt can happen from two candles but not

Trade Candle
Candle
Two Retracement Candles

This W will be considere


be made up of four cand
here is no level below the gap-up
then this

done by the sellers. But if there


el below the gapup which has
pped, then it is done by the
yers.

: If there is no level above


hen this gap-down is done by the
sellers. But if
a level above the E-
then gap-down buyers have done
break that level. Here trade entry
y can be taken below 50% of E-
andles but not from
racement Candles

W will be considered to
ade up of four candles.
Market Target
this candle should have been green. This can also be an ex

Uptrend

(A)
Key Level

Common Level
Market Target
Trade Candle

(D)

(C) (E
)
(A) 50%
Level
Wick
Level
(B)
Market Target
. This can also be an exhaustion candle
Engulfing Key Level
NOTE: If a candle in thi
breaks the key levels
the common level, th
not be considered fail
be considered failed
common level of this pa
If the common level
market can move acc
the pattern.
NOTE: The D-candle i
candle but this can
high of both the A an
market target is also fa
take a trade on E-Cand
D-candle is a strong ca

Retest Level

the high of the A-candle


been broken, we can st
here, because the D-
candle is a strong cand
NOTE: A-candle has not even
broken the key level of engulfing le
the target of the market is also
pending and the market is also in a
uptrend. So you can take entry fr
opening in the next candle or
from below any level.
NOTE: If a candle in this pattern
breaks the key levels but does n
the common level, then this patt
not be considered failed. This pat
be considered failed only when th
common level of this pattern is b
If the common level is not broken
market can move according to
the pattern.
NOTE: The D-candle is a weak
candle but this candle has brok
high of both the A and C candles,
market target is also far away. So w
take a trade on E-Candle here. If the
D-candle is a strong candle and

the high of the A-candle has not


been broken, we can still enter the
here, because the D-
candle is a strong candle.
Trade Candle Opening
B)

Retest Level
( )
D
50% Level

(A) (C)
Wick Level
(

1. Evening Star Trade


(B

Trade Candle
NOTE: Do
ndle Opening
B)

because the
to break the h
candle is also
candle being
high of the A-c
the trade
here.

ing Star Trade


Pattern #1
(B)
Wick
(A) (C )
Level

Retest Level
Wick Level
( D )Level
50%

Trade Candle
TE: Do not trade here
ause the D-candle has not been able
reak the high of the A-candle and the D
dle is also a weak candle. But if the D-
dle being a weak candle breaks th
h of the A-candle then we can enter
trade
e.

#1
50% Level

st Level
ick Level
)Level

(E)
Do not trade here
the D-candle has not been able
the high of the A-candle and the D-
also a weak candle. But if the D-
being a weak candle breaks the
e A-candle then we can enter
e
50% Level

el

Safety Entry
( B)
(A) (C) Wick Level

50% Level

Retest
(D)
(E) 50%

(F)
( B)
(A) (C) Wick Level

50% Level

(D)
(E)

(F)
NOTE: When a candle does n
likely to reverse. Even if it is
candle has a big head and a
are more chances of continu
Pattern #2

el

0% Level

Retest Level

50% Level

Safety En

try
Trade Candle
Pattern #3

vel

50% Level

Retest Level

50% Level

(F) Safety
En

try
Trade Candle
le does not have a head, the next candl
en if it is a retracement candle of a stro
ad and a small tail, then there
f continuation.
attern #2

try
rade Candle
attern #3

try
rade Candle
have a head, the next candle is
etracement candle of a strong pattern.
all tail, then there
n.
Trend Level Trading
1. HH, LH Trade
2. HL, LL Trade

1. HH, LH Trade
Trade Candle
Wick Level

(D)

(A) (B) (C)

l
HH, LH Leve

Uptrend

NOTE: The continuation cand


high of the A and B candles.
NOTE: The continuation ca
be any trendline and level
should not be doji and
Continuation candle rules wi
NOTE: Usually, one candle sh
broken. Because from here t
from behind with a lot of mom
there and then reverse after
Day #10
ading
e
e

de
Trade Candle
Wick Level
Safety Entry

uation candle (C-candle) should close a


B candles.
nuation candle should be healthy. An
and level on the upward side. Conti
doji and hammer.
dle rules will remain the same everywhe
ne candle should be left after the HH, HL
from here the market can reverse. But i
a lot of momentum then the market wil
verse after that.
Day #10
Safety Entry

e (C-candle) should close above the

dle should be healthy. And there sho


n the upward side. Continuation can
ammer.
remain the same everywhere.
uld be left after the HH, HL, LH, and LL
e market can reverse. But if the market
entum then the market will first continu
at.
Trade Candle NO
Wick High
HH, TE:

Do
n't
tra
de
her
e
bec
aus
(D)

(C)

(B)
(A)

LH Level

Safety Entry

Trade Candle

HH,
(C)

( B)

LH Level (A)

Safety Entry

NOTE: The continuation can


Gap Up
Openin
g
HH, LH
Level
NOTE: The continuation ca
should close above the hig

ion candle should not be gap-up gap-do


NOTE: The continuation candle
should close above the high of

candle should not be gap-up gap-down.


NOTE: This gap-up buyer
due to the reversal level, the
possibility of the formation of
so do not trade here.
Gap Down
Openin
g
HH, LH
Level

Gap Up Opening

LH Level
HH, NO
Trade Candle
TE:
do
not
tra
de
her
HH, LH Level
Gap Down Opening
If there is a
**********************************************

HH,

LH Level

Gap Down Openin


wn NOTE: Here this gap-dow
by the buyers and there
of this gap-down candle
green. You can take trade
NOTE: You can trade here.

Opening
If there is a level
********************************

g
NOTE: Here this gap-down has be
by the buyers and there is a high
of this gap-down candle beco
green. You can take trade here.
NOTE: You can trade here.
NOTE: If there is no level on the
upside then do not trade here. B
there is a level on the upside, e
that level is a round number, you
the trade here. But take ent
according to the gap-up gap-down
trade rule.
LH Level
Trade Candle
HH,

New HH Level
evel

HH L
Uptrend

NOTE: T
star patterns made here. There is
go on without retracement. An
cand

Trade Candle
Trade Candle
HH, LH Level
Trade Candle

Gap
Up
Ope
ning
NOTE: There are two-morning
There is no need for a retracement here
ent. And here the pattern of two r
candles is also formed.
g
nt here, the market will
of two red and two green
2. HL, LL Trade

( B)
(A)
(C)

HL LL Level
(A)

HL LL Level

(B)

Trade Candle
NOTE: If you want to take an
candle should come down fi
clicked for up then there wil
NOTE: If you want to be suc
setup don't try to trade on e
Day #11
Chart Pattern Trading
1. M Trade
2. W Trade

1. M Trade
NOTE: Chart patterns are ge
NOTE: There are three typ
and Neutral.
NOTE: When the market m
pattern, the neckline of the
market. The common level w
M Neckline Level
Trade

(D)
Trade Candle
Safe
ty
Entr
y

(C)

Trade Candle
u want to take an up trade and are usin
uld come down first. If first go up and th
up then there will be 90% chance of los
u want to be successful in trading then
try to trade on every setup,
rading

e
t patterns are generally used for long te
re are three types of chart patterns
.

M Pattern
n the market moves from top to bo
neckline of the lowest wick will be the
e common level will also be an importan
M Neckline Level
Trade Candle
Common
Level

Neckline
Level

Trade
Candle
(D)
are using the safety margin, the
up and then come down and you have
ce of loss.
ing then get mastery on any one
or long term trading.
patterns – Reversal, Continuation,
p to bottom in the M
ill be the target of the
important level.

on
D)
e using the safety margin, the
and then come down and you have
of loss.
g then get mastery on any one
long term trading.
tterns – Reversal, Continuation,
to bottom in the M
be the target of the
portant level.
NOTE: Continuation candles
NOTE: When this M pattern i
on its right top. If the marke
is less likely to reach the ne
middle itself. To break the n
that pattern.
M Body Neckline
M Wick Neckline

NOTE: If the market is going


Trade
can reverse from anywhere.
Candle

M Neckline
NOTE: The trading rules for
pattern.
NOTE: You can take a trade
with safety margin then it w
NOTE: There should always
pattern) by a continuation
setup
NOTE: The levels keep on sh
should keep on changing
NOTE: If the market retes
fully confirmed. Sometimes
makes it back to HH, so afte
likely to go into a confirm

M Neckline Level

Common
Level
NOTE: Take the first 2-3 t
your preferred setup. If that
that day. Because your favo
other setups may lose more

2. W Trade
Neckline
Level

Common
Level
Common
Level

Day #12
Market Structure
NOTE: Here the market has not mad
which means that the structure of t
yet in the mood to make new highs.
CLICK HERE TO WATCH THE VIDEO OF THE MARKET STRUCTURENOTE: D, E, and F leve
on candles should not be a hammer, do
M pattern is formed, some or the other
the market goes down without retestin
ach the neckline, and the market may r
break the neckline, it is necessary that

ket is going without retesting the neckli


Trade
anywhere.
Candle
g rules for all patterns are the same as

ke a trade on candle opening in M patte


n then it will be better.
uld always be a break of the previous ca
ntinuation candle. This rule will be a
keep on shifting in the market, so the l
changing according to the movemen
rket retests the second HL break, t
ometimes after retesting the first HL br
HH, so after the second HL break, the
a confirmed downtrend.

NOTE: This will be the neck


in this head and shoulder
Level
Trade Candle

NOTE: This pattern is ne


Because the sellers have
Common their positions in the uptre
Level
Gap
Down NOTE: This M pattern will s

first 2-3 trades of the day with the


tup. If that trade becomes lose, then be
e your favorite setup has lost 2-3 consec
lose more.
as not made a new high and has broken
ucture of the market has changed here
new highs.

character change brea


T STRUCTURENOTE: D, E, and F levels are weak levels, so avoid trading here, the market can easily go down by breaking these levels.NOTE: Market s
ndles should not be a hammer, doji etc
ttern is formed, some or the other patte
market goes down without retesting thi
he neckline, and the market may revers
the neckline, it is necessary that the m

going without retesting the neckline, th


ade
where.
ndle
es for all patterns are the same as for th

trade on candle opening in M pattern bu


n it will be better.
ways be a break of the previous candle
ation candle. This rule will be applic
on shifting in the market, so the levels
ging according to the movement of
retests the second HL break, then t
imes after retesting the first HL break,
o after the second HL break, the mark
onfirmed downtrend.

NOTE: This will be the neckline


in this head and shoulder

Trade Candle

NOTE: This pattern is neutral


Because the sellers have kep
their positions in the uptrend.
NOTE: This M pattern will still b

2-3 trades of the day with the min


f that trade becomes lose, then be a litt
r favorite setup has lost 2-3 consecutive
more.

Trade
Candle
Trade
Candle
ot made a new high and has broken the
re of the market has changed here. And
highs.

character change breakout


TE: D, E, and F levels are weak levels, so avoid trading here, the market can easily go down by breaking these levels.NOTE: Market structure is used for
NOTE: Trading on the one-m
structure, levels, and targe
accuracy. For example, you
the five-minute running cand

Demand Zone
Exa

NOTE: When the market is


previous low (D-Low), it mea
And the market is not in the
can go up to HL. If the st
take trades from there.
NOTE: If the market will
structure of the market will
Tail Less Candle St

3
(
)

(2)

Trade Candle
Tail Less Candle

(1)
Uptrend
NOTE: Do not trade against
NOTE: The tailless candle sh
on the third candle. For exam
candle in an uptrend, do not
candle comes, then you can
candle is the only candle
reversed, so whenever a tai
tailless candle should also b
NOTE: Tailless candles mus
without a head.
NOTE: There should not be a
NOTE: You can take a trade
below 50% of the previous c
NOTE: Continuation happens
market. And if the trend i
NOTE: If ever a tailless c
engulfs the previous candle,
NOTE: Do not enter the trad
level
NOTE: If a strong candle is t
weak level. But if there is
it will be a strong level.

NOTE: Avoid taking trades


minutes in the tailless candl
NOTE: While taking a trade o
mind that the wick of a taille
level.
he one-minute chart by observing the m
and targets on the five-minute chart
mple, you can see the target of
ning candle.

mp

market is unable to establish a new


w), it means that the structure of the ma
not in the mood to install a new HH. N
If the structure changes after coming
ere.
ket will not be able to break HH, th
rket will start changing from there.
ndle Strategy

andle
dle

Safety Entry
d
against the trend in a tailless candle
candle should be the second candle an
. For example, if a red candle is followe
d, do not trade there, but if the second
n you can trade on the next third can
y candle in its party, then the next c
ever a tailless candle comes, the previo
uld also belong to that tailless candle's
dles must have a head. Do not trade tai

d not be any level near the tailless cand


e a trade in the opening but it will be be
revious candle.
n happens whenever a candle without a
e trend is with you then the accurac
ailless candle comes into the marke
s candle, then whenever a tailless cand
the trade when the tailless candle brea

andle is the only candle in its party, its


there is a strong candle in any mo
evel.

ng trades on the first and last candle of


ess candle strategy
a trade on the tailless candle, it is imp
of a tailless candle has not been reject
Day #13
How to Find Buyer And S

NOTE: When the market b


usually reverses from there.
NOTE: The accuracy of this
NOTE: Sellers and buyers po
means that whenever the
avoid continuation there as
trade with filters on this set
do so by taking the help of o
Buyer Position

(2)
N
(2)
O
T
(1) E
:

T
h
Buyer Position e
And Seller Position

market breaks the positions of buyer


om there.
cy of this setup is 70 to 75%.
buyers positions are generally used to a
ever the market breaks the positions
there as there can be a candle reverse
n this setup. So if you want to trade on
help of other filters.
Seller Position
Reversal Candle
ion

itions of buyers and sellers, it

75%.
erally used to avoid trades. This
s the positions of buyers or sellers,
candle reverse. But many people
ant to trade on this setup, you can
al Candle
Sellers Position
Momen

NOTE: The level of buyers po


will be stronger.
NOTE: Once the positions of
whether there has been a re
NOTE: If by stopping any str
sellers or buyers position, th
NOTE: If after the weakne
and creates positions of sell
Because the opposition part
market breaks such a posi
the market can exit from the

Momentum Weakness
osition
Momentum
NOTE: The las
momentum w
positions of sell

evel of buyers position in uptrend and s


nger.
the positions of buyers or sellers have
re has been a reversal or not, then thos
stopping any strong momentum, the opp
uyers position, then this position will be
ter the weakness of any momentum,
positions of sellers or buyers, then that
e opposition party did not have to work
aks such a position level then there is
can exit from there even without giving

Weak Sellers Position

Strong Momentum
TE: The last wick of any
mentum would be the
itions of sellers and buyers.

ptrend and sellers position in downtren

sellers have been broken, irrespective o


ot, then those positions have no value.
ntum, the opposite party has created
sition will be the strongest position.
momentum, the opposing party come
ers, then that position level will be wea
ave to work hard to come. So if the
hen there is less possibility of reversal,
ithout giving reversal.

Strong Sellers Position

rong Momentum
NOTE: Positions of buyers
the trend, opposite to the tre
NOTE: Avoid reversing stron

NOTE: If there is a strong le


possibility of reverse, then y
NOTE: When the market bre
reversal will be high from th
positions of buyers or seller
with two touches, then th

NOTE: In chart (1), the bu


pressure, from here the buye
position created by this mom
reversal candle will appear t
dles

dles

Big Red Can

Strong Buyer Position


Weak Green Candles

(1)
NOTE: The strength of the
determined by the market
after a buyers or sellers pos
NOTE: HH, HL, LH, and LL is
NOTE: If a pattern is form
going to break any of these
of the pattern. Therefore, if
should be careful with the
: Positions of buyers and sellers hav
end, opposite to the trend the accuracy
: Avoid reversing strong momentum

: If there is a strong level near the brea


bility of reverse, then you can reverse fr
: When the market breaks a level for the
sal will be high from there. Because it w
ons of buyers or sellers. Or when the m
two touches, then the market is more

: In chart (1), the buyers are going


ure, from here the buyers have to work
on created by this momentum is broken
sal candle will appear there.
Reve
rsal
Cand
le

Wea
k
Buy
er

(1)
: The strength of the buyers and se
mined by the market momentum. If t
a buyers or sellers position, then that p
: HH, HL, LH, and LL is a strong buyers
: If a pattern is formed on any HH,
to break any of these levels, then the m
pattern. Therefore, if a pattern is forme
d be careful with the key levels of th
ellers have to be seen in the directio
accuracy will be less.
entum

the breakout candle, which shows the


reverse from there.
vel for the third time, the chances of a
cause it will be a strong level for the
hen the market breaks the common le
et is more likely to reverse from there.

re going up by creating their


e to work hard to go up, so when the bu
is broken, a
Weak Red Can

(2)
s and sellers positions is
ntum. If there is a lot of momentum
en that position will be a strong positio
g buyers and sellers position levels.
any HH, HL, LH, LL and the market
hen the market can react on the key le
n is formed at any level, then one
vels of the pattern.
een in the direction of
s.

, which shows the

, the chances of a
ong level for the
ks the common level
verse from there.

ating their
up, so when the buyers
ig Green Candles
ions is
lot of momentum
be a strong position.
position levels.
L and the market is
react on the key levels
level, then one
Day #14
Candlestick Reaction
1. Bullish Hammer
2. Inverted Bearish Hammer
3. Inverted Bullish Hammer
4. Bearish Hammer
5. Strong Candle
6. Spinning Top
7. Doji
1. Bullish Hammer
reaction has happened

NOTE: If there is no level ab


likely to be green.
Exhaustion ha
happened
y #14
dlestick Reaction
ullish Hammer
nverted Bearish Hammer
nverted Bullish Hammer
earish Hammer
trong Candle
pinning Top
oji
ullish Hammer
Most of the
reaction has happened in the wick

NOTE: If there is no level above then


likely to be green.

Down
Exhaustion has
happened
mer
mer
Up

Most of the
ppened in the wick

el above then the next candle is most

Down
stion has
pened
candle is most
Most of the
reaction has T
happened in t

NOTE: If the reaction of a ca


probability of continuation o
candle is more inside the bo
NOTE: If there is no level aro
according to the reaction

Continuation can
NOTE: This is all reaction w
trade according to the level
Down
Indecision
Level Create

Most of the
reaction has Touching t
happened in the market c

NOTE: If the reaction of a candle is m


probability of continuation of the nex
candle is more inside the body then t
NOTE: If there is no level around the
according to the reaction

Continuation can happen i


NOTE: This is all reaction without lev
trade according to the level
Gap Up
Opening
Gap Up
Opening
e the wick, then the
s high. But if the reaction of a
andle is more likely to reverse
en the next candle will come

uyers dominance
here is a level around, then
Touching

2. Inverted Bearish Ha

Most of the reaction has happ


Tou
can
Touching this lev th

2. Inverted Bearish Hammer

Most of the reaction has happened in the


Touching this l
can go Down

Indecision
Up
eate
el p
Indec
U
Indec
U

The continuation can


Touching this level the
can go Down

Indecision
Up
Indecision
Up

The continuation can happen if there is sel

Exhaustion has

Up happened
ket
dominance
3. Inverted Bullish Ham

this is a tailless candle

NOTE: But if the sellers have


little cautious. But if there is
by the sellers, the next cand
to go up.
Tou
go U
sh Hammer
Most of the reaction has
happened in the wick
Up

Here the entry of buyers


e necessary in the last time.

ers have made the last entry here, then


there is an uptrend, then even if the las
xt candle will be most likely
Touching this level the market can
go Up
Down Indecision
y of buyers is
e last time.

ere, then be a
if the last entry was made
Tou
go U
4. Bearish Hammer
this is a tailless candle
Here the
Touching this le
go Up

Do

Touch
can g

Down
Indecision
4. Bearish Hammer
this is a tailless candle
Here the entry of s
ouching this level the market can
o Up

Down Indecision

Touching this level market


can go Up
th

the entry of sellers is necessary in the last time.


Down
Most of the reaction has
happened in the wick
the

ry in the last time.


If th
like
NOTE: If most of the reactio
can be a reversal, so one sh
there. But if most of the reac
of continuation of the next c

5. Strong Candle
Indecision

If there is a
likely to go w
NOTE: If most of the reaction of a can
can be a reversal, so one should be a
there. But if most of the reaction of a
of continuation of the next candle is h

5. Strong Candle
Up
Buyers' dominance
candle, so the probab
continuation of this
more than 90%.
Touching this level the
market can go Down

Up
trend, it more
h th trend

is e
le is in the body, then the next candle
ttle cautious while doing continuation
andle is in the wick, then the probability
gh.

visible in this
ity o
candle wil be
f
l
s level the
go Down

is e
ody, then the next candle
while doing continuation
he wick, then the probability
f
l
Indecision

Gap-Up Opening
Indecision
Down

Exhaustion has also


candle and the reactio
created a level, so the
also reverse.

Up
Up Opening
Gap-up also occurs due to buyers domin
situation the next candle is m

Exhaustion has Do
happened
Touching this level the
market can go Up

Down

s also happened in this


reaction has also
, so the next candle can

Up
ers dominance, in such a
ndle is made green.

Down
hing this level the
et can go Up
Down
Exha

Exh
Down
Exhau
Down
Exhaustion has happened

Down

Exhaustion has happened


wn
Exhaustion has happened
NOTE: If the reaction is happ
the candle, then a level is fo
n is happening for a long time at any pla
vel is formed there.
U
p
U
p

Down
Exhaustion has happened
t any place in
Do
It can also do the continuation

Down

It can also do the continuation

Down
Down
inuation

inuation
6. Spinning Top
NOTE: Closing is important i
C
O

Up
He

C
O
O
C
Down
Here

O
C

Up Here cl
g Top
g is important in a Spinning Top candle

Down
Here closing sellers have done

Up
Here closing buyers have done
Down
Here closing sellers have done

Up Here closing buyers have done


NOTE: In the spinning top
the body or in the wick, it do
has done the closing. The pa
be formed by the same party
NOTE: There should not b
otherwise the next candle c
NOTE: All these candlestick
without level. Prediction can
so it is very important to pay
reaction.

7. Doji
NOR
NOTE: In the spinning top candl
the body or in the wick, it does not
has done the closing. The party wh
be formed by the same party.
NOTE: There should not be any
otherwise the next candle can reve
NOTE: All these candlestick reactio
without level. Prediction candle ca
so it is very important to pay attent
reaction.

7. Doji
NORMAL P
Do
Ne
U

Neutral
eaction has happened in
ing that matters is who
t candle is more likely to

spinning top candle


at level.
iven for the situation
f there is a level around,
hile trading on candle
NOTE: Never trade on Do
neutral. The place where
According to the place wh
market, it is more likely to r
NOTE: Whenever a candle e
of that candle. When the hea
the chances of the next can
Down

r trade on Doji. Because usually doji


place where the doji is formed in th
the place where doji comes in the
more likely to react.
exhaustion

ver a candle exhausts, there should not


. When the head of the exhaustion cand
f the next candle reversing are less.
U
p
use usually doji is always
is formed in the market is important
comes in the

Up
exhaustion

there should not be a head


exhaustion candle is there,
sing are less.
is always
e market is important.
be a head
e is there,
Level

Level
this is the real
70%

30%
Dow
n

Up
is the real breakout candle
%

Level
NOTE: If 70% of the body of
level, then it is a real breako
then it will definitely respec
most likely close above th
detect real and fake breakou

Level
NOTE: Do level trading whe
all.

Minor Level
he body of the candle that breakouts a
eal breakout. And if the next candle rev
ely respect the breakout level and the
above the breakout level. And apart f
ke breakouts from candle reactions.

Down
ading where you do not understand the

Main Level

(B)
The reaction of the
B-candle at the
minor level can be
like this.
(A)
akouts a level is above the
andle reverse also comes,
and the reverse candle will
nd apart from this, you can also
tions.
stand the candle reaction at

on of the
at the
can be
Target Level
Trade
50% Level
Entry
Point

Target Level
NOTE: Reversal should nev
there is no level, the exhaus
always trade should be take
be strong level, the minor le
Candle reaction in
first 30 seconds

hould never be done without a level, bec


he exhaustion candle can also do contin
d be taken at the level and should
e minor level cannot reverse the momen
t a level, because if
so do continuation. That's why
should
e the momentum
Down

Level
NOTE: If in any momentum
candle, then continuation sh
NOTE: If the reaction of the
candle will continue.
NOTE: Out of reaction and

NOTE: If you are not able to


minute chart, then you ca
looking at the 5-minute cha
NOTE: The market will com
the market is going towards

NOTE: The common level w


levels will act as sellers and
NOTE: If the market is comi
that, an exhaustion-type c
candle can be a real pressur
And if the market is com
with momentum weakness

NOTE: If a green candle is f


winning the Up trade in t
candle is being formed in th
Down T
r
a
d
e

E
n
t
r
y

P
o
mentum a candle closes inside the wick
uation should be avoided there.
on of the candle is according to the tre
e.
tion and level, the level is to be given m

ot able to understand where the market


n you can understand where the mar
nute chart.
will complete the target of the opposite
towards the opposite target by retestin

n level will act as an average level and


llers and buyers positions.
t is coming from behind in strong mome
n-type candle comes with strong pres
l pressure of the market instead of an
is coming from behind an exhaust
eakness, then that candle can be an ex

andle is forming in the 5-minute chart, th


ade in the one-minute chart are high.
med in the 5-minute chart, then you can
ndle closes inside the wick of the previo
be avoided there.
dle is according to the trend then the n

l, the level is to be given more importan

derstand where the market will go in th


nderstand where the market can go by

e the target of the opposite trend only w


opposite target by retesting a pattern.

t as an average level and HH, HL, LH an


ers positions.
om behind in strong momentum and af
e comes with strong pressure, then th
the market instead of an exhaustion
rom behind an exhaustion-type can
n that candle can be an exhaustion can

ng in the 5-minute chart, then the chanc


ne-minute chart are high. But if the op
minute chart, then you can wait a bit.
k of the previous

nd then the next

more importance.

t will go in the 1-
ket can go by

e trend only when


ng a pattern.

HH, HL, LH and LL


entum and after
ssure, then that
exhaustion candle.
tion-type candle
xhaustion candle.

hen the chances of


. But if the opposite
wait a bit.
Market Target

1. FFLL ( Full fill last le


2. FFLC ( Full fill last c
1. FFLL ( Full fill last le

NOTE: FFLL is always comp

NOTE: Most of the time whe


candle occurs.
NOTE: The market always c
Next FFLL Target
HH

FFL
Here the target of the market will b

NOTE: Whenever the m


of consolidation.
NOTE: FFLL can be comp
after retesting a pattern, oth
wave.
NOTE: Whenever a target
out there. And there can be
be continuation if there is do
be known by the candle reac
NOTE: When the market is g
strong level in between, oth
NOTE: You can take long tr
trade of 2-3-5 minutes in a 1
2. FFLC ( Full fill last c
NOTE: FFLC concept is use
NOTE: As long as the candl
the sideways zone and when

NOTE: If the market is not d


FFLC zone after the FFLL is c
other after the FFLL is comp

NOTE: It doesn't matter whe


of the candle should be full f
body.
NOTE: By the way FFLC is no
Day #15

last leg )
l last candle )
last leg )

ys complete with the trend, not the opp

ime whenever the market completes th

always completes the target of the impu


FFLL Target
et will be to reach the high of the wick o
candle.

the market completes FFLL, there


e completed only if the corrective w
tern, otherwise it will reverse up to 50%

target is completed, the strength o


can be a reversal so one should wait th
ere is dominance. Domination has happ
ndle reaction
arket is going to complete FFLL, there s
een, otherwise the market may reverse
e long trade in FFLL for safety. For exam
es in a 1-minute chart.
last candle )
pt is used in stuck areas.
he candles are full-fill each other, the m
nd when it stops full-fill, the continuati

is not dominating then usually the mar


FFLL is complete. When the candle star
is complete, it means that the stuck ar

tter whether a candle's wick is full fill o


be full fill whether it full fills with the w

FLC is not very important, you can focus


#15

th the trend, not the opposite of the tre

he market completes the FFLL a revers

es the target of the impulsive wave.


ach the high of the wick of the last opposi
ndle.

completes FFLL, there is a possibil


only if the corrective wave is coming
it will reverse up to 50% of the impulsi

pleted, the strength of the market go


sal so one should wait there. But there
ce. Domination has happened or not, it w

o complete FFLL, there should not be an


the market may reverse from there.
FFLL for safety. For example, you can ta
chart.
)
ck areas.
ull-fill each other, the market will rema
ps full-fill, the continuation will begin.

ng then usually the market moves to th


te. When the candle starts to full fill eac
means that the stuck area has started.

candle's wick is full fill or not. But the b


her it full fills with the wick or with the

mportant, you can focus more on FFLL


full filled with wic
NOTE: If a candle has not b
completely, then the next ca
Candles
The full Fill zone has been brok
NOTE: Usually, if three con
the market breaks the FFL
NOTE: FFLC area is always

NOTE: Retest is not necessa


FFLC zone breaks, the mark
In FFLL there
candle, otherw
FFLL Target
NOTE: When the market is s
wave, then the FFLC area ca
completely filled the previ
candle and then trade.
NOTE: Here the confirmation
top candle.
full filled with wick
NOTE: If a candle has not been
completely, then the next candl
Candles that
The full Fill zone has been broken a
NOTE: Usually, if three consec
the market breaks the FFLC z
NOTE: FFLC area is always form

NOTE: Retest is not necessary f


FFLC zone breaks, the market d
In FFLL there sho
candle, otherwise,
FFLL Target
NOTE: When the market is starti
wave, then the FFLC area can be
completely filled the previous
candle and then trade.
NOTE: Here the confirmation ca
top candle.
NOTE: Doji is also a strong l
NOTE: If a candle closes ins
candle may reverse. Be care
Resistance Level

single candle levels


Support level
NOTE: Support is importan
downtrend.
NOTE: This level will be important
of the strong cand

Opening level Wick


level
NOTE: If you have 2-3 conse
10-15 minutes and understa
trade on the tailless candle
candle is a sureshot in its
its accuracy will increase fu
NOTE: Doji is also a strong level.
NOTE: If a candle closes inside th
candle may reverse. Be careful.
Resistance Level

single candle levels


Support level
NOTE: Support is important in
downtrend.
NOTE: This level will be important for th
50% of the strong candle w

Opening level Wick


level
Common
Level

NOTE: If you have 2-3 consecutiv


10-15 minutes and understand th
trade on the tailless candle on th
candle is a sureshot in itself an
its accuracy will increase further
ng level.
inside the wick of the previous candle,
careful.

ls
Single red candle closing targe
rtant in an uptrend and resistance i

ant for the closing of the red candle and


candle will also be an important level.

NOTE: The buyers will not let th


sellers go below the opening but if
below the opening of the buyers
buyers will not let the sellers go be
the wick. Buyers will try to close
the low of the wick
Right Level
Wrong Level

Rig
nsecutive losing trades, then just obse
stand the movement of the market and
dle on the confirmation setup. Becaus
n itself and if another setup is also foun
e further.
Day #16
5-Minute Candle Strategy/Sin
Target/Market Minor Target

NOTE: The high and low of a


NOTE: Any candle always c
candles.

50%
These are all 5-minute can
NOTE:
this candle is important, and if t
candle may reverse. If the candl
the
Strategy/Single Candle Target/ Si
nor Target

gh and low of a 5-minute candle are also


ndle always closes near the body or wic

Next red candle closing possib


all 5-minute candles.
NOTE: Who entered the last of
ortant, and if there is a level in the rejec
e. If the candle reaction is of reverse an
then the next candle
may reverse.
Candle Target/ Single Candle Cl

minute candle are also a target of the m


s near the body or wick of the left side

red candle closing possibility


The target of the next candle will be to bre
low of the wick of this candle.
entered the last of
is a level in the rejection area, the n
action is of reverse and there is also a
e next candle
y reverse.
Trade Candle N
O
T
E
:

T
o

t
r
(C)

(B)
(A)

NOTE: The high and low


important level.
NOTE: Whichever candle b
minute candle on the 1-minu

Trade Candle

5-m
NOTE: There should not be
NOTE: Always trade with th

NOTE: The candle that brea


not be too large.
NOTE: Every candle has its
then the opposition party wi
NOTE: You can also consid
as an important level, but th
levels.
NOTE: Whenever the marke
then whichever is the next t
probability of the market go
level in the middle then the

NOTE: This "5-minute cand


markets and does not work
NOTE: The trade candle

NOTE: Usually most of the c


candles or their 50% level. I
NOTE: If the market has com
candle, then when the mark
there is a possibility of a rev

NOTE: The 5-minute cand


not trade at the level of a 5-
nd low of the last 5 minutes candle

candle breakouts the high and low


e 1-minute chart, the next candle does

Candle

5-minute candle high

5-minute candle Low


d not be any nearby levels after the bre
e with the trend.

that breaks the high and low of the 5-mi

e has its own work, if any candle is not


party will come.
o consider the closing and opening of t
el, but the high and low will always be t
he market breaks the high or low of the
he next target of the market in the 1-mi
arket going to that target is up to 90%.
hen the market will not reverse from th

ute candle breakout" strategy is suitabl


ot work for sideways markets.
candle should not be the last candl

t of the candles close near the wick lev


% level. It hardly happens on the body.
t has come down from a high by making
he market again goes near the level of
y of a reversal candle at that level.

te candle should not be a doji cand


el of a 5-minute doji candle.
5 minutes candle is an

e high and low of the previous 5-


next candle does 99% continuation.
evels after the breakout candle.

and low of the 5-minute candle should

any candle is not able to do its work

g and opening of the 5- minute candle


w will always be the most important
high or low of the 5- minute candle,
market in the 1-minute chart, the
rget is up to 90%. If there is no strong
ot reverse from the middle.

strategy is suitable for trendy


markets.
be the last candle of 5 minutes.

e near the wick level of the left side


ens on the body.
m a high by making a big and strong
s near the level of that high, then
at that level.

ot be a doji candle. This means do


andle.
NOTE: The high and low
small targets of the market,
the market can continue in 1
always follow the 5-minute T
healthy candles.

NOTE: The high and low of a


next candle, whether the ca

minute candle high


Trade Candle
5-
Gap Down opening

Market Target
5

-minute candle high


Market Target

5-m

5-minu

NOTE: Do not trade against


Market Target
Trade Candle

NOTE: In this setup, the ma


Common Level
the time.
Three Candle Reject
NOTE: In this, you can take
this pattern comes up to 90%
Common Level

NOTE: All three rejection ca


this pattern.
Common Level

NOTE: This pattern wins eve


NOTE: When a pattern is for
market retests that pattern
impulsive wave starts from t
without retesting the pattern
NOTE: Sometimes due to the
formed where you are not
NOTE: This is not a piercing line
according to 2 Minu

NOTE: On the day the ma


mostly becomes a doji cand
important.
NOTE: The morning star pa
candle in the morning star p
Trade
Candle
and low of the 5-minute doji candle
e market, after breaking the high or low
tinue in 1 minute, but it will be better fo
-minute Trade only on

5-minute candle high

Trade Candle
5-minute candle Low

d low of any candle is always a target f


er the candle is of 1 minute time or 5 m
ening

1 Minute Candles
et

Trade Can
1 Minute Candles

Trade Candle
5-minute candle high Target
1 Minute Candles

5 Minute Candles
5-minute candle Low target ( body )

e against the trend.


5-minute candle high
1 Minute Candles
5-minute candle Low

p, the market will do a continuation mos

Rejection Pattern

Safe E
Trade
can take trade in opening also. The acc
up to 90%.

ection candles should be of the same c


Do not trade here, the
pattern has now failed.

wins even when the trend is the oppos


tern is formed at the end of the correcti
t pattern and starts moving towards
rts from there. And sometimes the mark
e pattern because the market is trendy
due to the pressure of buyers or sellers
are not even able to find any skippe
cing line pattern. Here there is market i
to 2 Minutes, the doji candle is formed h

y the market is bad, on that day th


doji candle, so in such a situation safety

g star pattern works very well if the mi


ng star pattern is a doji or a hammer.
Trade
Candle
Trade
Candle
5-minute doji candle are also
reaking the high or low of the 5-minute
e, but it will be better for you that you
nly on

5-minute candle high

Candle
5-minute candle Low

dle is always a target for the


of 1 minute time or 5 minutes.
Minute Candles

dle
1 Minute Candles

Candle
dle high Target
e Candles

e Candles
Low target ( body )

nd.
5-minute candle high
ute Candles
5-minute candle Low

l do a continuation most of

attern

Safe Entry Point


Trade Candle
n opening also. The accuracy of

Trade Candle

hould be of the same color in


o not trade here, the
attern has now failed.

n the trend is the opposite.


the end of the corrective wave and th
starts moving towards HH or LL, then th
nd sometimes the market may move
se the market is trendy at that time.
ure of buyers or sellers also gap level i
able to find any skipped level around.
. Here there is market indecision becau
e doji candle is formed here.

s bad, on that day the trade candle


such a situation safety margin entry is

orks very well if the middle


s a doji or a hammer.
NOTE: When the market rev
levels of the Morning Star, th
levels of the Morning Star.
NOTE: A reversal candle us
chart pattern, but if there is
without giving a reversal.
NOTE: Here the t
market was to break
the market has reve
LL new ta
Neckline
reach the Neckline.
Nec
klin
e
NOTE: Don't go for Up
(momentum) of sellers beh
pattern by breaking the neck
can make a red candle here
confirmation candle here.
NOTE: When the market reverses from
evels of the Morning Star, the buyers w
evels of the Morning Star.
NOTE: A reversal candle usually comes
chart pattern, but if there is momentum
without giving a reversal.
NOTE: Here the target of th
market was to break the LL but
the market has reversed from t
LL new target of the
Neckline
reach the Neckline.
klin
e
NOTE: Don'tPiercing
go Line
for Up here beca
Pattern
momentum) of sellers behind. And b
pattern by breaking the neckline, so now
can make a red candle here, so wait for
confirmation candle here.
Red Candle Opening ( High )
M Neckline

NOTE: Here we should not ta


C-candle should have been a
of the A-candle but it did not
is that C-candle, failed to clo
a D-candle, which
has become a confirmation

tion
ition
Trade Candle

M Neckline
1st Buyers Posi
2nd Buyers Pos

NOTE: The high and low of a


target. They come in the sm
gh ) (C)

(A) ( B( E
) )
Trade Candle

ld not take a down trade on C-candle be


e been a confirmation candle for us whic
did not happen and the reason for D-ca
ed to close above the high of the A-cand

mation candle, so we will trade the E-ca


NOTE: 1st buyers positi
broken by the sellers, now
position is far away so ca

ow of a 5-minute candle are always a m


the small target of the market.
(D)

(E)
e Candle

down trade on C-candle because


rmation candle for us which breaks the
en and the reason for D-candle becomin
ove the high of the A-candle, so sellers

, so we will trade the E-candle.


NOTE: 1st buyers position has been
broken by the sellers, now next buyers
position is far away so can trade here.

ute candle are always a market


get of the market.
M Neckline N
Wick Low
Trade Candle O
T
E:

In

s
u
c
h
a
si
t
(u
E)
a
ti
(A) (B)
Pattern ( ) ( )
Retest Level C D

NOTE: Usually the market ge


not continue for 2-3 candl
FFLL the market needs co
happen then the market will
there.
Tr
NOTE: You cannot be succes
discipline in trading.
Rules
( 1 ) Always trade with the t
NOTE: Trade to complete the
( 2 ) Do not make any trade
less than 2%.
( 3 ) Always trade on that se
all your losses and make a fu
NOTE: In case of loss in any
the reason for the loss.
NOTE: Till the time you do no
necessary to do it with tradin
( 4 ) Always trade on your 4
which you understand more
NOTE: If you have 100$ on th
second day you have to trade
(E)
arket gets stuck there when the marke
3 candles after completing the FFLL
eeds continuation as soon as possibl
rket will get stuck

Trading Rules
e successful in trading until you follow t

ith the trend.


plete the target or trade to start the targ
ny trade of more than 2%. The first trade

n that setup that you have mastered. An


ake a full profit, always trade on your m
s in any trade, do not take the next trad
ss.
ou do not come in daily or all-time profi
th trading discipline.
n your 4-5 favorite charts. Trade on you
d more easily, like - USDINR, USDBRL, e
0$ on the first day and you have lost 10
to trade with the amount up to 2% of th
ets stuck there when the market does
es after completing the FFLL. After c
ontinuation as soon as possible but if
get stuck

rading Rules
ssful in trading until you follow the rules

rend.
e target or trade to start the target.
of more than 2%. The first trade should

etup that you have mastered. And until


ull profit, always trade on your mastered
trade, do not take the next trade withou

ot come in daily or all-time profit, it is al


ng discipline.
-5 favorite charts. Trade on your favorit
easily, like - USDINR, USDBRL, etc.
he first day and you have lost 10$, then
e with the amount up to 2% of the 90$,
NOTE: Trade after waiting fo
trade.

( 5 ) Fix trades per day or fo


trades have to be done.
NOTE: If you keep a profit ta
of up to 20%.
NOTE: If you keep a daily pro
10%. Stop trading whenev

(B)
5 Minute Candles
(A)
NOTE: In the 5-minute strate
5-minute chart, which will sl

NOTE: If you want to do


setup and go with the trend.
Trade after waiting for some time in ca

x trades per day or for each session. Li


have to be done.
If you keep a profit target of 10%, then
o 20%.
If you keep a daily profit target of 10%,
Stop trading whenever the target is a
nute Candles
In the 5-minute strategy, you should tra
te chart, which will slightly increase the

If you want to do compounding, alw


and go with the trend.
ing for some time in case of loss of any

or for each session. Like per day or per


.
fit target of 10%, then you can keep a s

ly profit target of 10%, then don't try to


enever the target is achieved by 7-8-9
NOTE: Do not trade on the break
of the A-candle (5-minute candle
minute chart because the brea
candle should match the colo
previous candle. And here the
candle is being breakout by t
green candle. Therefore, whe
enter a trade on a breakout of
candle, the 5- minute breakout c
also match the color of the
candle.
trategy, you should trade by looking at
will slightly increase the accuracy of you

do compounding, always do it on y
rend.
NOTE: Never trade with the
assume that 3 out of 10 trad
1-2 trades, you will not get e
NOTE: In a 5-minute strateg
5-minute chart should not be
NOTE: If the reference is on
is not to be given any import
NOTE: Trading in a 5-minute
candles. In this strategy, yo
candles to trade.
5-minute candle high T
r
a
d
e
NOTE: When the breakout ca
also a head of that candle, t
must be UP and the previous
also be green.
NOTE: The breakout candle
The breakout candle should
NOTE: Don't trade in the tail
and 2nd candle comes taille
when 3rd candle comes taill

(E)

(D)
(C)

(B)

(A)
NOTE: When the B-candle en
tailless candle. Only then th
NOTE: Always trade with the
with the expectation that all your trade
of 10 trades will be your losses. Due to t
not get emotions.
e strategy, the 5-minute chart should als
uld not be sideways.
nce is on the left side of the market, the
ny importance.
5-minute strategy Avoid trading on the 4
ategy, you have only 5-minute 1st, 2nd, a

5-minute candle
eakout candle is a tailless candle and th
candle, the next candle will be 99% Sur
previous 5-minute candle must
t candle in the 5-minute strategy should
e should be a normal candle.
n the tailless candle after 3rd candle me
mes tailless in any momentum don't trad
mes tailless.

Do not trade on this cand


Tradable Candle

candle engulfs the A-candle and the B-c


y then the trade is to be taken on C- can
No Tradable Candle
Trade Candle

e with the trend on tailless candles.


expectation that all your trades will wi
des will be your losses. Due to this even
emotions.
gy, the 5-minute chart should also be tre
e sideways.
n the left side of the market, then the ro
tance.
e strategy Avoid trading on the 4th and
ou have only 5-minute 1st, 2nd, and 3rd-

5-minute candle
andle is a tailless candle and there is
the next candle will be 99% Sureshot an
s 5-minute candle must
in the 5-minute strategy should not be
d be a normal candle.
lless candle after 3rd candle means tra
ess in any momentum don't trade on 4th
less.

Do not trade on this candle.


Tradable Candle

ngulfs the A-candle and the B-candle be


he trade is to be taken on C- candle.
No Tradable Candle
Trade Candle

e trend on tailless candles.


Market Target
Tra

NOTE: Generally, in case


Momentum, only the same p
down also happen due to the
(Buyers and Sellers).
5-Minute Candle High
E

5-Minute Candle High


Trade Candle

Tailless Candle

case of a gap-up, or gap-down in S


same party comes because sometimes
e to the pressure of the market
Entry Poin

t
1-Minute Candle

Do not trade this candle


Tailless Candle

gap-up, or gap-down in Strong


comes because sometimes gap- up, and
ssure of the market
t
nute Candle

not trade this candle


Three Candle Reject
Common Level

Trade

NOTE: This pattern may also


Common
Level

Market
Target

Trade Candle

Compounding Rules
NOTE: Compounding should
doing 5-step compounding p
can do 3-step compoundin

NOTE: This means on the da


can do 3-step compounding
NOTE: Compounding trade is
and trend.

NOTE: Do not trade on th


compounding.
NOTE: Do compounding with
get 4 chances for compound

NOTE: Patience is m
trading.
Reasons for emotions
NOTE: take a trade that is to
NOTE: Don't know why the l
NOTE: You have taken a trad
lack of patience.
NOTE: There is already som
pressure to make a fixed pro
recover the losses already d
NOTE: On breaking your trad
Ways to Avoid Emotio
NOTE: Whatever loss or p
whatever has happened befo
new in the market.
NOTE: The daily profit t
compounding should always
NOTE: Never take a trade bi
Rejection Pattern

Trade Candle

may also have to do 1step martingale i


NOTE: If the market create
on a smaller timeframe a
target of the market is fu
can enter a continuation
the market breaks the SN
accuracy of this setup is le
this setup is not that speci
e

Rules
ng should always be done with extra
ounding properly for 5 consecutive time
mpounding in a real account.

on the day you win 25 consecutive trad


pounding in a real account.
g trade is always to be done with Sures

de on the 1st and last 5-minute can

ding with the amount of extra profit in s


ompounding.

e is most important for succ


motions while trading
that is too large.
why the loss is happening.
ken a trade even when you do not know

eady some pressure to make a profit, th


fixed profit daily or per month. Or there
already done.
your trading rules.
Emotion in Trading
oss or profit has happened earlier, f
ened before in life, consider it as over a

profit target is to be kept at 1


d always be done with extra profit.
a trade bigger than your capacity.
rn

1step martingale in OTC.


the market creates an SNR
aller timeframe and the pending
f the market is further away, you
er a continuation trade when
et breaks the SNR. But the
y of this setup is less (70%)
p is not that special.

done with extra profit only. After


consecutive times in the demo, you
account.

consecutive trades, you


ount.
e done with Sureshot

ast 5-minute candles for

of extra profit in such a way that you

tant for success in


ading

ning.
n you do not know about the market.

o make a profit, that is, there is


er month. Or there is pressure to
ing
ppened earlier, forget it. That is,
nsider it as over and start completely

o be kept at 10% and


h extra profit.
ur capacity.
Entry Point

gale in OTC.
creates an SNR
ame and the pending
t is further away, you
uation trade when
he SNR. But the
p is less (70%)
special.

extra profit only. After


times in the demo, you

e trades, you
Sureshot

e candles for

fit in such a way that you

success in
know about the market.

fit, that is, there is


there is pressure to
ier, forget it. That is,
over and start completely

at 10% and
t.
NOTE: Always be patient wh
just for the sake of taking a
takes, do not trade until a pr

NOTE: Never break your trad

Downtrend T
ai
ll
es

(A) (
Piercing

( LL Level ) Market Main Target

NOTE: Here the market has


target of the piercing line pa
target (minor level). That's w
the next candle despite the
NOTE: The tailless candle ha
line. So if we take a trade on
there is a possibility of reve
candle. Therefore, if there is
level nearby, do not trade th
NOTE: Here B-candle has no
A-candle, so you can take a
candle).
tient while taking a trade, do not take a
aking a trade, no matter how much time
until a proper setup is found.

your trading rules.


50% Level (C)
Piercing Line level B)

Target

ket has completed the key level (minor


g line pattern and has also completed th
That's why buyers have come in
pite the tailless candle and downtrend.
andle has not broken the level of the pi
trade on the next candle (B-candle) of t
of reversal from the level of the piercin
there is a reversal
trade there.
e has not been able to close above 50%
n take a down trade on the next candle
do not take a trade
w much time it
d.
Tradeble Candle

level (minor level)


completed the hammer low
me in
downtrend.
evel of the piercing
B-candle) of the tailless candle,
of the piercing line of the B-

e above 50% of the


next candle (C-
Level

Wick Level

Uptrend
NOTE: Here buyers have not
level has not been touched.
here. That's why the buyers
this gap-down has been don
to gap- down below the wick
Buyers have stopped sellers
of C-candle so green can
this gap-down, so sellers wi
the uptrend and dominance
here.

Downtrend
( A
)
Strong Lev

(B

NOTE: Don't trade down her


the level means B-candle ha
touches the level, the time o
come in the next candle to t
touching the level, we would
candle of the B-
candle.
Level

Wick Level
(A
) (C)
Uptrend
NOTE: Here buyers have not felt
level has not been touched.
(B That
here. That's why the )buyers here
this gap-down has been done by
to gap- down below the wick lev
Buyers have stopped sellers from
of C-candle so green candle c
this gap-down, so sellers will try
the uptrend and dominance of b
here.

Downtrend
Strong Level and

NOTE: Don't trade down here bec


the level means B-candle has no
touches the level, the time of the
come in the next candle to touch
touching the level, we would hav
candle of the B-
candle.
not felt any level in C-candle. This mean
ed. That's why the buyers have not yet f
ers here have not felt the need to do a g
one by the sellers. But the sellers have
ick level and 50% of the previous candl
ers from gapping below the wick level
andle can also be formed here. Seller
will try to make a red candle here, b
nce of buyers, a green candle can also b
Level and 50% Level
)

here because B-candle has not touched


has not felt the level. By the time the B
e of the B-candle was over, so now the
o touch the level, but if the B-candle wa
uld have Down trade could be taken on
level in C-candle. This means the C-can
hy the buyers have not yet felt any leve
e not felt the need to do a gap-down, so
sellers. But the sellers have not been a
nd 50% of the previous candle (C- candle
pping below the wick level and 50% le
also be formed here. Sellers have done
make a red candle here, but due to
rs, a green candle can also be formed
Do not trade here

e B-candle has not touched


t the level. By the time the B- candle
candle was over, so now the buyers can
level, but if the B-candle was rejected
own trade could be taken on the next
Downtrend

( A
)
Strong Lev

(C)

(B

NOTE: If a continuation cand


a bullish pattern or setup, yo
headless candle or below its
Trade Candle

Retest Level
50% Level

NOTE: By the way, if you wa


candle.

NOTE: The target of the mar


level or to close till that leve
taken at the nearest other le
level.
NOTE: If you have to trad
trade at the level which is th
should trade at the level ahe
NOTE: The first target of t
after that the HH, HL, LH, an
rejection trade should be tak

NOTE: Never trade on single


analyzing only one candle.
NOTE: One should take a bre
consecutive trade losses. An
can do aggressive trading wi
losses on the day the mark
you will be able to make a bi
NOTE: If you do not learn fro
will never be able to make a
NOTE: Target can also be co
Downtrend

Strong Level and

NOTE: If a continuation candle is


a bullish pattern or setup, you ca
headless candle or below its ope
Trade Candle

Retest Level
50% Level

NOTE: By the way, if you want, y


candle.

NOTE: The target of the market i


level or to close till that level. Th
taken at the nearest other level
level.
Wick High Level Hammer 50% Level
Common Level

NOTE: If you have to trade on


trade at the level which is the ta
should trade at the level ahead o
NOTE: The first target of the
after that the HH, HL, LH, and LL
rejection trade should be taken a

NOTE: Never trade on single can


analyzing only one candle.
NOTE: One should take a break fr
consecutive trade losses. And on
can do aggressive trading with e
losses on the day the market i
you will be able to make a big pro
NOTE: If you do not learn from yo
will never be able to make a prof
NOTE: Target can also be comple
Safe Entry

T
r
a
d
nd 50% Level e
)
C
a
n
d
l
e

is headless and a healthy candle in


can enter trades below 50% of the
pening.
(B Entry Point
)
(A
)

Body Level

you can also take trade on A-

t is always to breakout the strong


Therefore, rejection trade should alway
l instead of the target
Trade Entry Lev

on rejection, then you should not


target of breaking the market but
of it.
market is to break the common lev
LL levels have to be broken, so the entry
at another level close to the common l

andle analysis. This means never trade

from trading on the day when there are


on the day when your setup is working w
extra profits. Due to this, you will a
is bad and on the day the market is go
profit.
your mistakes in trading, then in the fut
ofit in trading.
pleted with the market wick.
Safe Entry

s and a healthy candle in


ades below 50% of the
try Point

so take trade on A-

to breakout the strong


ejection trade should always be
the target
Trade Entry Level

n, then you should not


eaking the market but
to break the common level, then
ve to be broken, so the entry of the
level close to the common level.

sis. This means never trade by

g on the day when there are 3-4


when your setup is working well, you
s. Due to this, you will avoid big
on the day the market is going well,

es in trading, then in the future you


ng.
the market wick.
Trade Candle
Common Level

Uptrend

NOTE: In an uptrend, level (


before HL. Because level (1)
H
L
Market Pattern
(2)
(1)

1 ) is more important than level ( 2 )


) is the key level of the pattern.
Level

el ( 2 )
n.
Trade Candle
Wick Level

HH Level
NOTE: Here you can take
entry candle should fall be
the first 30 seconds. Becaus
of the wick of the previous c
necessary to have the head
Downtrend

common level of the market


Gap-Down Opening
Morning Star

NOTE: Here usually the buye


the buyers had already brok
But if the gap-up is above
consider an up trade here. B
star and there is also a dow
here and the
trend is down anyway, so we
le
n take a trade with some caution. B
d fall below the 50% level of the pre
Because the trade candle can also rev
evious candle, it is
he head of the continuation candle.

Evening Star

Gap-Up Openin
do no

the buyers did not need to gap-up becau


dy broken the common level with the ga
s above the key level of the evening
here. But the gap- up is below the key
o a downtrend, so a red candle can a

y, so we do not go for the up.

Entry Point
Entry Point
me caution. But the
vel of the previous candle in
e can also reverse from the high

n candle.
do not trade up here
g

gap-up because
vel with the gap- down candle.
f the evening star, then we can
elow the key level of the evening
candle can also be formed

up.

t
t
Sellers Position

Uptrend

NOTE: reasons to trade here


( 1 ) is an uptrend. ( 2 )
pattern. (3) Sellers position
take a trade here.
NOTE: The next candle m
positions.
NOTE: After the buyers posi
the buyers position, then bu
NOTE: Buyers can come
buyers position, the buyers h
NOTE: Buyers can come
buyers position, the buyers h

Buyers Positionbuy
ers
posi
tion
. So
it
mea
NOTE: But if the buyers are
above the buyers position th
Tr
ad
ers Position e
Ca
nd
Common Level
le
Common Level

ade here
d. ( 2 ) The previous candle has form
position is also far away. With this type

andle may reverse if there is a brea

ers position breakout, if the reversal ca


then buyers can come again.
n come in this candle because after
buyers have closed the next candle a
n come in this candle because after
buyers have closed the next candle a

yers are not able to close the reversal c


sition then the next candle is likely to b
mmon Level
mmon Level

candle has formed an engulfing


y. With this type of thinking, you can

there is a breakout of sellers'

f the reversal candle closes inside


again.
e because after the breakout of the
e next candle above the
e because after the breakout of the
e next candle above the

se the reversal candle


ndle is likely to be red.

You might also like