Top Down Analysis, Identify Trend, Draw Support And Resistance from Candlestick Trading Bible.

Описание к видео Top Down Analysis, Identify Trend, Draw Support And Resistance from Candlestick Trading Bible.

In this video, you will learn how to identify the market trend using multiple time frames analysis. Also, how to differentiate between trending markets, and range bounds markets. And you understand how each market moves.
Then, how to draw support and resistance, and how to draw trend lines, this skill will help you better enter the market in the right time.
You will see different candlestick patterns, and understand the psychology behind its formation, and the message they send you.
These three aspects which are the trend, the level, and the signal are what you will use in your trading approach to make money trading any financial market.
By the end of this video, when you open a chart, you can easily answer three important questions:
1-What the market is doing? Is it trending, consolidating, or is it a choppy market?
If it is trending, you know how to identify if it is an uptrend or a downtrend.
If it is a ranging market, you will see that it is trading horizontally between two boundaries. And if it is a choppy market, you close your chart and you stay away.
2-What are the most powerful levels in this market?
If the market is trending up or down, or it is ranging, you will try to find the most important support and resistance levels.
These levels are the best zones where you can buy and sell the market.

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