All language subtitles for 5. Candlestick Patterns Are Powerful Indicators

So candlesticks are beautiful things for the can tell us a lot by the real body and the upper and lower

shadow, what might be happening with prices in that day and what might be happening, a series of prices.

So by themselves, they tell us quite a bit, but they can tell us even more when there are.

They're part of a pattern.

Right.

We looked at like Shavon tops and Chavonne bottoms and different things.

And we said, well, you got to look at the preceding trends.

Was there an uptrend or a downtrend?

But there's also patterns of candlesticks where you see certain things happening in terms of a pattern

that can be a very, very helpful indicator itself, too.

And you can trade off of those patterns now to candlestick patterns might have different meanings depending

on where they fall in a series themselves.

So not only the individual price bars, but the candlestick pattern and part of a larger series of uptrend

or downtrend.

We're going to learn all about that.

And I tell you, people really like to focus on candlesticks themselves and trade just on candlestick

patterns.

As you learn the patterns that can be pretty easy to trade off of, you can kind of understand them

easily.

They work well as far as working with another indicator, like a moving average or other types of indicators

that we'll learn in the course, they can kind of pair well together that way.

So let's start looking at some of the real common, you know, candlestick patterns, you know, that

you want to be watching for.

And when you see them, there's certain there's certain actions you can take to help you be even more

profitable in your trades.