Candlestick Analysis — Trend Analysis — Education — TradingView (2024)

A textbook reversal signal..

PSTAKEUSDT

, 6DEducation

without_worriesUpdated

And if you do not know what I mean then see the linked idea below ‘the study’. Now the market cap is way to small for my interest but it might appeal to someone or indeed someone who is interested in the long game.The reversal pattern is one we see play out time and time again in all markets. Most recently on a crypto called CFX (see example below). The...

11

4

Candlestick Analysis

Candlestick analysis focuses on individual candles, pairs or at most triplets, to read signs on where the market is going. The underlying assumption is that all known information is already reflected in the price. The technique is usually combined with support & resistance. Each candle contains information about 4 prices: the high, the low, the open and the close. A candle body reflects the net price movement between open and close while the wicks show reversals that occurred within the timeframe of the candle.

Each candlestick, therefore, provides an easy-to-decipher picture of the price action. The length of the wicks versus the length of the body in combination with whether a candle is bullish or bearish, can be used to determine a signal for the price action to come. Common candlesticks that are used in this analysis are dojis, spinning tops, hammers, engulfing candles, pinbars and inside bars.

A Winning Trade Explained

NQ1!

, 5Education

15:54

TradeTheStructure

In the video I explain my approach to the market and how I use 'trade sizing' to manage my risk in the initial part of the US session.I walk through the price action for the NASDAQ and why I traded short and then flipped long. I explain the concept of sizing with regards to trade management and then how I 'SIZE UP' when I have conviction to end with a profitable...

3

1

Learn What is Inducement and Trap in Smart Money Concepts SMC

XAUUSD

, 1DEducation

VasilyTrader

Smart Money Concepts can be applied for the identification of trend reversal in Forex and Gold trading. In this article, we will discuss what is an inducement and a trap in SMC . And how to apply them to spot an accurate trading signal.We will study the important theory and go through real market examples on XAUUSD chart. Imagine that there is a...

11

2

Learn What is Inducement and Trap in Smart Money Concepts SMC

XAUUSD

, 1DEducation

VasilyTrader

Smart Money Concepts can be applied for the identification of trend reversal in Forex and Gold trading. In this article, we will discuss how to apply basic SMC techniques : trap and inducement to identify early reversal signs. We will study the important theory and go through real market examples on XAUUSD chart. Imagine that there is a strong ...

8

2

How to pick trades in different market conditions

YM1!

, 5Education

17:33

TradeTheStructure

In the video I look at two different markets and the resultant setups which yielded the prime trades. The two markets had to be approached in different ways, especially early in the session. I look through the price action on the DOW and then the Nasdaq. The DOW proved to be more clear cut and a trend style approach while the Nasdaq was very choppy and warranted...

1

1

"The Bodies Tell The Story.. The Wicks Do The Damage" - ICT

AUDUSD

, 1DEducation

16:50

Road_2_Funded

In this video I'm going to go through one of ICT's most famous sayings, which is "The bodies tell the story, and the wicks do the damage". If haven't taken the time to understand what he means, then you are seriously putting yourself at a disadvantage if you are using his concepts. This is one of the most crucial and useful pieces of the ICT puzzle. You often hear...

6

2

Trend Definition: NVDA Example

NVDA

, 1DEducation

cch31Updated

Uptrend Rules Strong : Second closing candle above the high of the first breakout candle. Semi-strong : Price reaches above the high of the breakout candle at any point. Weak : The second candle post-breakout closes above the 34 EMA (high) of the breakout candle. Downtrend Rules Strong : Two consecutive candle closes below the 34 EMA (Low). This...

6

Top 4 Price Action Signals For Beginners. Best Trading Entries

XAUUSD

, 1DEducation

VasilyTrader

I will reveal 4 accurate price action signals that even a newbie trader will manage to easily recognize.Watch carefully because these signals alone will help you to make a lot of money trading Forex, Gold or any other financial market. Change of Character Change of character is a strong signal that indicates a trend violation and a highly probable...

36

7

COT reports + SMT. How to determine the long-term trend (BIAS).

6E1!

, 1WEducation

A pattern in the COT reporting curve to determine long-term trend or bias (BIAS). With a scope from several weeks to months. Of course, reports arrive with a delay, but on a long-term scale this is not a big problem.Many people use divergences, or SMT in the teachings of Smartmoney Michael Huddleston (ICT), when analyzing charts. Why not use COT and divergence...

2

Liquidity Hunt Pattern

ETHUSD

, 60Education

TheGreatR00T

Liquidity Hunt PatternUncover Hidden Opportunities in the Market Introduction: The Liquidity Hunt Pattern is a powerful technical analysis tool that helps traders identify potential turning points in the market. By understanding how this pattern forms and its implications, traders can gain an edge in uncovering hidden opportunities and making informed...

1

1

Don't Trade These Trend Lines | Forex Trading Basics

XAUUSD

, 240Education

VasilyTrader

A lot of traders apply trend lines for trading and making predictions on different financial markets.Trend line can also be an important element of price action patterns. However, only few knows that some trend lines are better to be avoided. In this article, I will share with you the types of trend lines that you should avoid and not rely on for...

384

20

Indicators for trading using Bill Williams' Profitunity strategy

XAUUSD

, 360Education

grigorykovUpdated

I published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together. AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts) Includes Williams...

3

2

DON'T TRADE THESE SUPPORTS AND RESISTANCES

XAUUSD

, 1DEducation

VasilyTrader

When it comes to technical analysis,the understanding of which support and resistance levels to not trade can be as important as knowing which ones to trade.In this article, I will show you the structure levels that professional traders avoid to maximize their profits and minimize losses. Invalidated support and resistance Invalidated...

24

3

Most powerfull candlestick pattern Pulse Pin Scalping Strategy

XAUUSD

, 60Education

04:14

CryptoAntidote

Greetings, traders! 📈 Excited to share with you my latest discovery - the Pulse Pin Pattern! 🕯️✨ This three-candlestick formation is a powerful tool for identifying potential trend reversals or continuation. Let's dive into the details for both bullish and bearish scenarios.Bullish Pulse Pin Pattern:In the bullish case, keep an eye out for the following...

10

7

How to Analyze Daily Time Frame on Gold. 5 Important Things

XAUUSD

, 1DEducation

VasilyTrader

There are 5 important things that you should analyze on Gold on a daily time frame to accurately predict long term, midterm and short term movements.In this article, I will share with you a step-by-step guide for daily time frame analysis that you can apply on Gold or any other financial instrument. 1 - Identify the market trend When you analyze a...

15

4

Understanding Momentum to filter out the Best Setups

YM1!

, 1Education

14:49

TradeTheStructure

In the video I discuss how I analyse momentum using MACDs and the 5min and 1min charts when daytrading.Knowing these key concepts helps me filter out the best setups to get on the right side of the market and in the right trading zones.The basic concepts discussed are :- Momentum- Price Action- Candle Analysis- Multi-timeframe Analysis** If you like the...

213

5

The importance of trading with the trend + Suppy/Demand zones

NQ1!

, 120Education

FTWTraders

A trend can be defined with price action or indicators. Understanding that all indicators lag and price behaviour is key I prefer price action to tell me if we are up trending, down trending or trading in a range. Before understanding the basics of market structure it is important to know that its more likely for a trend to keep going on than for the trend to...

5

2

XAUUSD

, 1DEducation

VasilyTraderUpdated

Hey traders,In this post, we will discuss 3 most popular types of charts.We will discuss the advantages and disadvantages of each one, and you will decide what type is the most appropriate for you.📈Line Chart.Line chart is the most common chart applied by analysts. Reading financial articles in different news outlets, I noticed that most of the time the...

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Candlestick Analysis — Trend Analysis — Education — TradingView (2024)

FAQs

What is the strong candle indicator in TradingView? ›

The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles. The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels.

How to read candlesticks on TradingView? ›

Green signifies a bullish candle while red signifies a bearish one. A green candle signifies that the price grows, while a red candles signifies a downward movement. 🔰The lower boundary of a body of a bullish candle will show its opening price and its upper boundary its closing price.

How accurate is candlestick analysis? ›

Candlestick patterns portray trader sentiment over trading periods. There is no "most accurate" pattern as they should all be viewed as indicators of what bull or bear traders might be thinking—but some traders have preferences and act on specific patterns.

What is a trend analysis candlestick? ›

Candlestick analysis focuses on individual candles, pairs or at most triplets, to read signs on where the market is going. The underlying assumption is that all known information is already reflected in the price. The technique is usually combined with support & resistance.

What is the most accurate indicator on TradingView? ›

Best TradingView Indicators
  1. Best TradingView Indicators: Volume Profile HD. The Volume Profile HD indicator is a critical tool for visualizing trading activity in the futures market. ...
  2. Best TradingView Indicators: Supertrend Indicator. ...
  3. Best TradingView Indicators: RSI. ...
  4. Best TradingView Indicators: Bollinger Bands.
Feb 8, 2024

What are the top 3 indicators in TradingView? ›

What is a Trading Indicator on TradingView?
  1. 1 - Moving Average (MA) ...
  2. 2 - Relative Strength Index (RSI) ...
  3. 3 - Moving Average Convergence Divergence (MACD) ...
  4. 4 - Bollinger Bands. ...
  5. 5 - Volume. ...
  6. 6 - Stochastic Oscillator. ...
  7. 7 - Fibonacci Retracement. ...
  8. 8 - Average True Range (ATR)
Mar 12, 2024

What is the heiken ashi indicator? ›

The Heikin Ashi — also spelled Heiken Ashi — is both a technical analysis indicator and a chart type, depending on how it is used. Traders that familiarise themselves with Heikin Ashi can use it to their advantage to help determine trends and trend reversals in a wide range of financial markets.

How do you read candlesticks easily? ›

A short upper wick on a red candle suggests the stock opened near its daily high. Conversely, a short upper wick on a green candle suggests the stock closed near its daily high. In summary, a candlestick graph presents the relationship between a stock's high, low, opening, and closing prices.

Which website is best for candlestick charts? ›

Candlestick Analysis — Trend Analysis — TradingView — India.

What is the 3 candle rule? ›

The three inside up pattern is a bullish reversal pattern composed of a large down candle, a smaller up candle contained within the prior candle, and then another up candle that closes above the close of the second candle.

What is the most successful candlestick pattern? ›

The most reliable Japanese Candlestick chart patterns — three bullish and five bearish patterns — are rated as STRONG. Strong candlestick patterns are at least 3 times as likely to resolve in the indicated direction (greater than or equal to 75% probability).

Do professional traders use candlestick charts? ›

The most common ones used by professional traders are bar charts, line charts, and candlestick charts.

Is it worth learning candlestick patterns? ›

There are many dozens of candlestick patterns out there, but we highly discourage you from trying to remember all of them – it won't make you a better trader. Instead, learn to read price and what the way price moves tells you about what is going on in the markets.

Which time frame is best for trading? ›

Trading at the Opening of the Market

Hence, this makes the time frame between 9:30 am to 10:30 am the ideal time to make trades. Intraday trading in the first few hours of the market opening has many benefits: – The first hour is usually the most volatile, providing ample opportunity to make the best trades of the day.

How to predict candlestick movement? ›

How to Analyse Candlestick Chart
  1. If the upper wick on a red candle is short, then it indicates that the stock opened near the high of the day.
  2. On the other hand, if the upper wick on a green candle is short, then it indicates that the stock closed near the high of the day.
May 2, 2024

What is the powerful candle in the stock market? ›

Three white soldiers

It consists of consecutive long green (or white) candles with small wicks, which open and close progressively higher than the previous day. It is a very strong bullish signal that occurs after a downtrend, and shows a steady advance of buying pressure.

How do you know if a candlestick pattern is strong? ›

8 Strongest Candlestick Patterns
  1. Three White Soldiers. Strong bullish reversal in a downtrend. Three rising tall white candles, with partial overlap and each close near the high.
  2. Deliberation. Strong bullish continuation in an uptrend. ...
  3. Morning Star. Strong bullish reversal in a downtrend.

What is weak and strong magnet in Tradingview? ›

Strong Magnet pulls the drawing points to chart values (bars), regardless of the distance between the points and chart values. Weak Magnet pulls the drawing points to chart values (bars) when you are drawing near them.

What is strong buy in Tradingview? ›

A 'strong buy' means the analyst believes the stock's underlying company is or will soon be experiencing positive financial performance and/or favorable market conditions. A strong buy rating indicates an analyst has reason to believe the stock will trade drastically higher over the coming months.

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