How to Do Technical Analysis for Beginners in 2025 | Forex Trading Course

everything in your trading Journey does not matter at all unless you know how to read technical analysis correctly if you don't you simply will not make any money in your trading career at all now I know

you heard different fors you can do Market sentiment you can do news trading fundamentals you can do bar candles all this different type of stuff but honestly all that stuff is way too unpredictable technical analysis is

actually the most predictable type of trading simply because you are repeating what price has done to the left literally all you have to do is look to the left to know what the right is going to do patterns repeat themselves every

single day in the market and they will forever as long as the Candlestick charts continue to print out Candlestick charts now if you don't know technical analysis or you might want a little bit of clarity on Market structure certain

things about it that's exactly what this video is about so make sure you watch the video all the way to the end because I'm going to give you a full on video on how to properly read technical analysis and how I've been doing it for the last

about 6 and 1/2 to 7 years so first things first on technical analysis is going going to be the axle Candlestick chart so this is what you're actually going to be trading so there's many different types of charts out there

there's the line chart there's bar charts and then there is Candlestick charts now there's plenty of more charts but I simply have no idea what they are and honestly you do not need it to be successful all you need is to know

Candlestick technical analysis chart which is what I'm going to explain to you right now in this part right here so coming over here to trading view this is what every single person first sees when

they come into the market they see all of these red lines going down red lines going up or boxes going down and boxes going up and at first initial site this

might be very very confusing and it might be almost overwhelming because you don't know where you should be looking at should you be looking at this point right here to get started off in should

you be looking at this point right here in order to get started off there's so many different areas for you to actually be looking at in this chart that you don't know where should you be looking at in order to make money in the market

right because the point of you coming into this and watching this video and learning technical analysis is because you want to make money in the market well this is what you need to mainly

focus on and that is these technical analysis patterns on the Candlestick chart so this chart right here is a Candlestick chart as you can see right

here these are different types of technical charts that you can analyze you can have the bar chart you can have the line chart you can also have the

Candlestick chart which is the most famous one and then obviously you have all of these different types of charts which I honestly have no idea how to read and I've never even attempted to at

the end of the day all they do is simply represent price on real time in front of your face in a different type of way so they just represent the market going up

or they represent the market going down all different types of format but they're all doing the same exact thing at the end of the day that is representing price so you want to make sure that you read this technical

analysis chart for what it is and the easiest way to do that is on the line chart so we're going to be going into the Candlestick chart a little bit later into the video but so you guys get the first initial thought we're going to

start off in the line chart so here in the line chart it's very straightforward you have steps going up which is technical analysis bullish market and then you have steps going down which is

technical analysis bearish Market bullish Market are buys bearish Market or sells and in this perfect example right here you can see how the market is

having a bearish market to the downside and then you can see how in this example right here you can have bullish markets to the upside so both of these are technical analy charts so you're

analyzing the charts to determine whether the market is going to be going up or whether the market is going to be going down very simple very self-explanatory but when you get into the market and you see this ending point

right here this is where the price is actually live right now so this is currently Euro USD which is the most traded currency in the whole entire Foreign Exchange Market because it's the

main currencies that are traded which is the US dollar and the euro dollar so obviously that makes this pair the most traded pair in all of the Foreign Exchange Market so this is where price

is currently right now price is currently trading at 1.0 8459 which is the last point where it left off on Market close on Friday so

what you want to determine based off of this price is what can it do now can it go to the upside or can it go to the downside and this is where you would have to look at the technical analysis to determine if it's going to go up or it's going to go down what's going to

make the most sense because at the end of the day it's going to do either or go up or down you just have to find an edge on where it makes most sense to go up rather than down or go down rather than

up so you do this by reading the technical analysis so the first things that you would want to focus on is on the most recent price which is going to

be this area right here when you're analyzing technical analysis a lot of Traders get confused and they want to start really far back over here or they want to start off in the middle and you

can do that just to kind of get into the flow of the market but you want to make sure you just focus on the last leg of that because this is where it's going to determine what the trade is going to do

not what happened 4 months ago or almost a year ago like that stuff is cool to know what it did back then but if it's not relatively close to where price is right now then it simply doesn't matter

it's just taken away from your time and taking you away from the focus of what actually matters into the chart so this right here is just the line chart so this is just so you guys can see the steps going up and the steps going down

but the proper way on how to actually look at this is on the Candlestick chart which is going to be this section right here which is called candlesticks so if you notice if I go back and forth really

fast from the line chart to the Candlestick it is the exact same thing just being represented a different way and you now know to not be confused anymore because you now know these steps

going down instead of it being drawn in a line it's now being drawn in candlesticks because at the end of the day you trade candlesticks you can't trade the line chart it's just not accurate so this Candlestick chart is

what you are going to be looking at when analyzing your technical analysis when you're already on step two step one is get the feel of the actual line chart learn what the line chart is going to be

doing get the flow of it understand it and then you move on to the Candlestick chart and the simplest analogy that I can put for this is almost as if you're learning to ride a bike when you're first riding a bike you have the training wheels you just do that so you

make sure that you don't fall to the side and you get the hang of it after you're done learning how to ride the bike you simply take off the training wheels and you continue to ride the bike exactly how you're riding it the only thing that changes is you don't have the training wheels so you still obviously

have a risk falling but now you're experienced and that obviously won't happen so you're still riding the bike the same exact way nothing changes the only thing is you have the safety wheels off same thing here you're analyzing the

market exactly the same as you would here but now you're removing the safety of having the line chart and now you're focusing on the Candlestick chart which is the real way on how you're going to be trading and you take off the safety Wheels on the bike because that is the

real way on how you're going to ride a bike so this Candlestick chart is formed by different types of candlesticks so every single Candlestick as of right now

represents one single dat because I am currently on the one day time frame so every single Candlestick is 24 hours so

this right here is a 24-hour Candlestick this right here is a 24-hour Candlestick every single Candlestick is a 24hour period and that is what this chart is

made up if I simply change this time frame from the daily to then the 4 Hour now every single one of these candlesticks is going to consist of 4

hours that little cand Candlestick is 4 hours and every single one of these Candlestick is 4 hours including this big one right here because this is

currently the 4-Hour time frame and obviously I could go all the way down to the 30 minute and every single one of these candlesticks is a 30 minute time

frame and this is the Simplicity of how you analyze with the candlesticks now all we're doing when we're changing time frames is we're essentially just zooming

in to price so as you can see on the 4 hour if I were to Circle this one single Candlestick this just looks like I'm just circling one single Candlestick

which happens every 4 hours because I'm on the 4H hour time frame but if we were to go down to let's say the 30 minute time frame as you can tell I'm actually catching a lot more than just one single

Candlestick why is that well that is because all of these little 30 minute candlesticks because now we are on the 30 minute time frame creates this one

4our Candlestick so every single one of these 30 minute candlesticks are there their own situation and all of them together creates one 4-Hour Candlestick

for example in the 2hour time frame if you notice these two candlesticks right here which is going to be these last two ones right here creates the accumulative

of one Candlestick because it is the 4-Hour Candlestick and obviously this obviously goes on to the day daily and the weekly and so on and so forth if I were to put one big circle around this

big Candlestick and then I go down to the 4our every single one of these candlesticks creates that daily Candlestick so a lot of people don't understand how to flicker back and forth

from the time frames and how to actually determine what these Candlestick and technical analysis is doing all we're doing is looking at the same exact Market in just different types of ways

we're looking at it in bigger variables or in smaller variables but we're looking at the exact same thing absolutely nothing changes for example you right now watching this video you

can be watching this video on your phone on your computer on your tablet on your TV or honestly on an Android doesn't matter you're all looking at the same video just in different types of ways some of you guys are looking at on a

bigger screen some of you guys are looking at on a smaller screen but at the end of the day it's doing the exact same thing and that is representing this video showing you guys the number one technical analysis video which I'm going to get later later into it and if you're

watching this on a laptop or on a phone or something hit the Subscribe button it's right here or right here doesn't matter but the point is that when you're looking at the market like this you are literally looking at the same thing in

different formats as if you were to be seeing this video it the same way but in different formats so now that we understand what the candlesticks are and how that consists of technical analysis

because all of these candlesticks together creates the technical analysis without these candlesticks together we will not have technical analysis and we won't have these patterns that happen

every single time time again that takes me to the next point which is going to be trending markets so these Candlestick patterns they create a pattern with it

and these patterns create Trends Trends to the upside or Trend to the downside and the key to trading is trading with the trend the trend is your friend I

know it might be cringe I know you might have heard it a million times but it's what I do every single day and if I were to not do this every sing single day I would not be in the successful position that I am today because going against

the trend is not only hard but it just does it's it's not going to make you money and it does not make any sense so this is what a trending Market is going to look like because of the Candlestick patterns that we have identified with

technical analysis so everything right here is extremely simple and easy to understand this right here is clearly a trending Market to the upside what you

want to make sure that you focus on is at the last point of price right when you see this right here do not focus on this point right here do not focus on

this point right here do not focus on anything that is not the last point cuz once you understand the last point then you start working backwards once you understand where the market is right now

now you start looking backwards you're like okay if this is the high of the market okay what is this point right here well this looks like a low and then this looks like I left a trail

of the market heading to the upside it is so easy to spot that this Market is heading to the upside because you identify where the market is actively right now and once you understand where it is actively right now you just follow

its Trail and it's going to literally tell you what it's doing clearly this Market is bullish same thing as if we were to be identifying this Market to the downside this Market is heading to

the downside it would look something like this you should only focus at the lowest points or wherever the market is actively live and the last point of the market and you simply just follow the

trail if this is where the market started you simply follow the trail to whatever it does and you can clearly see that it's left you a pattern of the market heading to the downside this is

how you determine the trend of the market you need to spot where the market is actively right now where's the last point that the market is at and then you just work backwards because vice versa

if you were to come into the market and just simply look at it right here you wouldn't know if to focus on this point right here you wouldn't know if to focus on this point right here all of this is

absolutely irrelevant to what is happening on the live price all the way over here so if we were to come over here and identify this point right here you would identify as your last

structure Point here then you will start working backwards if you start working backwards then you can identify what this Market is clearly doing it's very

simple it's very straight to the point without this it is going to be very hard to identify what the trend is doing cuz in the other way if you were to try and find something by looking at all of this

information overload you're going to almost get confused and overwhelmed and it just honestly kills your trading motivation and it just deprived you from what you should be focusing on and that

is where is the market right now do not focus on where the market was 3 years ago perfect example is this market right here if you were to be looking at this market around here it'd be a little bit confusing you wouldn't know if it's

upside it's downside but if you were to look at the last point of where the market is which is clearly this highest point right here you simply draw your little circle here and then you just start working backwards you start

working from the top to the downside and you can see that this Market has been creating higher lows and higher highs to end up creating this Market to the upside so this is where the trend is

your friend because after you identify that this Market is to the upside where then now you would clearly only be looking for buys why would you be looking for sells and if you sometimes don't have too clear if it's a buy or

it's a sell or you're even a little bit better at analyzing sells and buys or buys and sells all you have to do is simply come here to the section right click it and then you would invert your

scale and then you completely look at the markets in the other way and this is literally showing you the same exact Market just flipped around it's almost like if you're watching this video and you laying down on your bed and you have

the screen sideways you just flip the screen to the side you're looking at the same thing you just flipped it same thing here the same Market but if you have some type of difficulty identifying whether the market is to the upside or the downside or you're only good at

looking at buys or you're only good looking at sells all you have to do is just flip the chart so here it's obviously very clear that this Market is to the downside because again remember that we flipped it we would identify

this as our low point and after we identify it as our low point we can simply follow the market and see that it was creating lower lows

and lower highs now this trend is consisted of lower lows and lower highs if you're bearish and it's consisted of higher highs and higher lows if you're

bullish it is absolutely impossible to have a bullish Market without a higher low and a higher high and it is absolutely impossible to have a bearish

market without lower lows and lower highs let me explain so this right here is a perfect example of a bullish Market a bullish Market is consisted of higher

highs and higher lows it is impossible to have a bullish Market without higher highs and higher lows and it is

impossible to have a higher high without a higher low it is impossible you could only have a higher high if you have a higher low so make sure you pause the

video and write this down so this right here is bullish because we are above the higher low and within the higher high if this Market were to do something like this and have a retracement and head to

the upside well now this is the new higher high within this market so the higher high gets moved and then the highest low Point gets moved to the next

highest low point which is this point right here now this is a perfect example of a bullish Market the moment this Market decides to have some type of

retracement into here this point is now considered a new higher low and a higher high only because we've broken above the previous structure point if we did not

break above the previous structure point we simply do not enter this as a bullish market so this right here is a higher high and then the higher low would move

up to the next higher low now this example right here is not a higher low why would you count this as a higher low because it's having a pullback well no

not necessarily this could only be counted as a higher low once this Market has created a higher high again remember

it is impossible to have a higher high without a higher low so if this market right here did not create a higher high

how would you mark this as the higher low you're pretty much skipping a step because this market right now can clearly do something like this and it can completely go to the downside

because it hasn't shown you its full potential yet this Market will remain bullish as long as we are above the higher low and within the higher high meaning this

Market can literally do whatever it wants it can literally do all of this right here anything it wants the moment it breaks above we now have created a

new higher high and the moment it breaks under we have now had a break of structure and now this Market is bearish so this Market can do whatever it wants

in between the higher high and the higher low and and we are still bullish the moment we break above this now turns into the higher high and then this now

turns into the higher low which is going to be this point right here now the moment we break under this point now this Market has completely shifted to

the downside because we have broken under the higher low so the moment we body close under this higher low now we are bearish when we are bearish it is

Mand atories who have a lower low and a lower high you cannot have a bearish market without a lower low and a lower high so what does that make this point

right here well that makes this new low point a lower low and that makes the last structure point a lower high now

this Market is bearish now it might look bullish overall because a beginner Trader would come into the market and then it would see something like this and they'd be like yeah this Market Market is heading up and that is where

they are completely wrong they're not paying attention to the market structure where it is clearly showing you that this Market is now bearish so now this Market would then have some type of

retracements and then do something like this now this is a new lower low and again it is impossible to have a lower low without a lower high so that is

where this lower high would then move to this point right here so again same thing apply SI as if the market were to be heading to the upside this Market could do whatever it wants here go to

the upside to the downside and it mean nothing the moment we body close Above This Market we are now bullish and the

moment we body close under this Market we will continue to become bearish so if this market closes under this point this is now the new lower low and then this

is now the new lower high so this Market can simply do something like like this and go like this now this Market is no longer bearish because we have broken

above the lower high making this the new higher high and then making this point right here the new higher low it is

impossible to have a bullish Market without a higher low it is impossible to have a bearish market without a lower high write this down the moment we Body

candles they close under a higher low we are now bearish and the moment we body Candlestick close above a lower high we

are then bullish this is Major key to understanding what the trend of the market is doing so you have extreme Clarity if the market is bullish or bearish this way you can determine if

you're interested in buying or if you're interested in selling so this trend is identified obviously very simply on the line chart so I can come into here to this market and I can simply throw on

the line chart and you can simply identify well this is clearly the higher high and after you identify the higher high then this would be the higher low

very simple very straightforward it's literally the same thing that we were just doing but on the actual live markets but on the line chart so this would be the higher high and then this

would be the higher low what we would do is we would anticipate for this to have a pullback in order for this to head to the upside if this Market decides to now break this high higher low now this

Market will be bearish and then this will be the lower low and then this would then be the lower high this is very simple and happens every single day

in the markets across every single time frame so the way you identify the trend is exactly the same as you were to do it on the weekly or the yearly or the 10

year or the 100 year as you would on the 1 hour the 10 minute the 30 minute the 1 minute it's all the same thing because at the end of the day it's all showing the same same exact lines the same exact

line chart same exact structure it's all the same exact thing if you notice that this right now we are on the weekly time frame meaning each and every single one of these candlesticks is one week and

when we were to look at this now on let's say the 15 minute you can see how we have an exact same amount of lines now these lines were obviously looking a little bit more rigid because the

15-minute moves a lot faster than let's say the weekly but if I were to hide what time frame we were on you would realistically not be able to tell if I were to zoom in to something like this

because it is simply lines doesn't matter if it's the Daily doesn't matter if it's the weekly they all look exactly the same representing Market structure

to the upside or Market structure to the downside so this right here is the real market right so this is this exact market right here but now on the line chart and you're going to notice that

every single little sharp edge it's going to to be a market structure point it's going to be a potential higher low it's going to be a potential higher high

so this right here is a prime example of simple and straight effective Market structure Market structure is literally every single point that you are seeing

right here this is Market structure which is I like to call them an elbow because it literally looks like an elbow like it looks like a sharp edge so this right here would be an elbow which is

Market structure an elbow which is Market structure and an elbow which is Market structure and clearly we have these elbows everywhere throughout the market so if we go here to the real

Market you can see how we have these elbows or these Market structure points everywhere throughout the market you can see how this right here is your elbow right here at this point you can see how

we have another elbow at this point we have literally elbows all throughout the market structure that this Market is creating this is a little El elbow obviously a sharper elbow and then this

is more of a wider elbow so you get all different types of elbow if you're a fat guy you're a skinning guy you got everything that you need here so these elbows are Market structure and this

Market structure is what creates the trend of the market it's what creates the market if it's heading to the upside it's what creates the market if it's heading to the downside so when you have

a bullish market like this this is obviously higher high and then this would be the the higher low but if you notice that higher low is a market

structure point it's this the higher low and then this would be considered the market structure point and previous Market structure is this elbow right

here and this elbow right here so everything that looks like an elbow like a triangle like a corner like a sharp edge is Market structure and that helps

determine the trend of the market whether it's going to the upside side or whether it's going to the downside I can literally flip this chart right now and you can see how it's the same exact elbows but going to the downside so

everything that we do in trading whatever you apply to buys is the exact same thing that applies to sells nothing changes your Edge is not better on only buys or your Edge is not only better on

sells it is the exact same pattern the exact same Market structure the exact same everything the only thing is that it flips from one side to the other so now you understand what the technical analysis is now you understand what

trend is which is extremely important you understand Market structure which Market structure is all of these elbows and it's honestly what the market is Crea of because without these elbows Market would not exist we would simply

have a chart that would look something like this it would look like a literal wave and obviously you cannot trade a wave because it's just not accurate you would need these sharp edges to

determine when the market is going to go up or when the market is going to go down to a lot more more predictable thank you for the market structure trading Legends or whoever created this

[ __ ] and that takes me to the next point which is going to be support and resistance so support and resistance is

identified because of these elbows without these elbows you would not be able to determine what is a level of support and what is a level of resistance so again remember what is

support well support is something that holds something up for example this table I can use this table as support to push myself to the upside I'm going to use this as support and as leverage to

push myself up what is resistance resistance is something that is holding you as a ceiling that is pushing you down let's say I want to use the bottom of this table as resistance to pull

myself down this is being used as resistance to pull myself down if you notice the same table is being used for support and it is being used for

resistance it the same exact spot being used for two things because that is exactly what happens in the market you can have the same level of supports be used as resistance in the future or it

have been used as resistance in the past the support and resistance is consisted by these Market structure points that has happened in the market previously in the past so let me show you so this

right here is a level of support and resistance oh by the way it's the same [ __ ] as supply and demand it's the same [ __ ] as order blocks it's the same [ __ ] as all these different type of

terminology is all the same [ __ ] support and resistance is the same thing everything literally the same thing so right here you can see how this level of Market structure which is this elbow

right here is considered a level of resistance that then in the future was used as support So this level of resistance which is a market structure

point was then used as support which now created a new market structure point then you have this elbow right here and this elbow as you can see creates a

level of resistance this level of resistance is then used in the future as a level of support it's going to bring it down for examples purposes and then

this is now a new level of support that created a new higher high now this is a new market structure point which is used as resistance so we can determine that

this can potentially in the near future have a pullback and use this area as a support point to then push the market to the upside where then this would be

creating a support level which is a level of Market structure so notice how Market structure is created based off of support and resistance and support and

resistance is created off of Market structure they both work together hand inand in order to create a trending Market or to create a bearish market now these level of support and resistance

happen everywhere throughout about the charts so if we were to come here into the live markets which is what's going on here you can see how this live market you can see how a level of resistance

which is this point right here is then used as support So this point of resistance is then used as support you can then see how this level of supports

is then used as resistance at this point right here and then you can see how very easily this level of resistance right here is then retested and use it as

support So this literally happens Time and Time and Time Again into the market and it's a pattern that repeats itself over and over again I could drag this same exact spot a little bit more to the right and you can see how this level was

used as resistance drag a little bit more to the right you can see how it was almost used as resistance right here and this is what Market structure is consisted of in order to create this

level of support and resistance now keep in mind that the level of support and resistance is to be respected about 60 to 75% of the time price doesn't always

have to react off of a support level or it doesn't always have to react off of a resistance level it is statistically proven that it should but you cannot rely your whole entire strategy just on

that alone you need to have an edge over the market as a whole but you should only be buying at a support level or only be selling at a resistance level you can have the best Edge in the market and you can have everything you need to

have in order to take a trade but if you do not have the area of support to buy how are you buying like how are you going to push yourself off off the table if you're not off the table you can't

like you know I don't know grav I don't know how to kill gravity or I can't like levitate myself using mental Force to just push myself off the table without physically being touching the table exact same thing with the markets you

want to only be executing a trade if you're at that support level if you're at the table if you're not at the table simply cannot do anything with it and obviously same thing happens with resistance I can't pull myself off of

this table if I'm not physically at the table so when you're looking for areas of support and resistance do not pay attention to the charts do not execute a trade unless you're actually at the

level of support and resistance so after you understand how to identify these levels of Market structuring you learn how to identify this level of support and resistance you actually have to execute this trade on something and the

only way for you to execute it is on the actual Candlestick patterns because the line chart again it's just for a very beginner section it's just for you to understand how to read the market but you can't trade off of the chart so this

is where you would have to go find your Candlestick pattern in order to execute the trade so this is where you would then obviously flip over to the Candlestick pattern and I'm going to teach you the most powerful and most

effective Candlestick pattern that I use every single day but after you hit the Subscribe button you got to do it I know you haven't done it I can tell that's why you're doing it here again just hit the Subscribe button and then we can carry on I'll give you a second go ahead

all right perfect so now that you subscribe this is what the perfect Candlestick pattern is it's what I use every single day if I don't have this I do not enter the trade that is going to

be drum roll a bullish engulfing Candlestick for buys or a bearish engulfing Candlestick for sells I know you might have heard me say in the past

but it is as repetitive and as redundant as it is it simply works and I do not have to change anything of my trading strategy and when it comes to technical analysis there's nothing you need to

change in order to properly Iden Iden ify the market correctly the only way you can confirm that something is going in One Direction versus the other is if you have momentum how do you identify

the momentum well if price is engulfing the previous price if price is engulfing the previous price it is clearly showing action of strength and is clearly showing that it is dominating that

market so that is your entry confirmation that you're looking for in order to enter the trade for example if you were to identify in a race who is winning well you're going to identify that the person that is engulfing the

other car and beating them by a lot is winning you're want to bet on that guy well same thing in the market you want to bet on the Candlestick that is winning the Candlestick that is engulfing that's eating the last couple

of candlesticks and the only way that you can bet is when you know that that is happening imagine you can bet on a race when you already see who's winning odds of you making a lot of more money

are literally right in front of your face because the winner is already ahead so you just bet on the winner it's the same exact thing here in the market once the market creates that bullish engulfing Candlestick it's the winner already getting ahead that is your

confirmation that you can then get into the market it's showing you who is winning so you go with the winner now if you bet before that you're taking a bit of a risk because obviously you don't

know if there's a pretty much lock that the trade is actually going to go into that direction it could be a better entry and you can have better odds but the probabilities are not so much in

your favor as if you were to already see who is winning the race and this Candlestick pattern is actually one of not only the most powerful but the most simplest because there is

hundreds of different types of candlesticks and these are all different types of indications when to enter the trade when to avoid a trade but this is specifically when to enter a trade so

let me actually show you what this looks like so this right here would be a perfect example of a bullish engulfing Candlestick pattern which is this right here so you can see how this blue

Candlestick has engulfed the last one two candlesticks confirming that this direction is now going to head to the upside you can also see how this

humongous red Candlestick is engulfing the last 1 two 3 4 five almost six candlesticks confirming that the market

is now going to head to the downside you can see how this Candlestick right here has engulfed the last one two almost three candlesticks and again keep in

mind currently we are on the daily time frame meaning that this one single day has eaten the last 3 days that should give you indication that there is a lot

of sellers into the market that you should be interested in trading picture as if there's a race and there is a 3 day ahead race that one imagine that the

cars are racing for weeks at a time and there's this one car that has now skipped Everybody by 3 days it has 3 days ahead of all the three other cars

doesn't it make more sense to bet on that guy that is ahead versus the guys that are behind well that is the possibility that the market is giving you by entering a trade after it already

shows you its hand with this engulfing confirmation now you have to be very patient in order to wait for this to happen and this is where a lot of Traders mess up because they don't want to be patient but at the end of the day

patience pays and if you don't have the patience you simply are not meant for this sorry it sucks but if you don't follow the rules of trading you will not succeed it is as simple as that because

why should you succeed if you're not being patient rather I have to be patient to then get the same success it's simply not fair and it's just not how the markets work you have to follow the rules in order to get the reward you

can also see a perfect example of this engulfing Candlestick right here so you can see how this engulfing Candlestick engulf the last one two three four candlesticks this right here is not an

engulfing Candlestick as you can see see this little Candlestick did not eat the last Red Candlestick so it does not make it an engulfing Candlestick you can tell

how this red Candlestick is not an engulfing Candlestick this is an engulfing Candlestick because it ate the last several of candlesticks this right

here is not an engulfing Candlestick this little blue one because it did not eat the last one or two candlesticks so an engulfing Candlestick is when it eats

a minimum of one Candlestick to the left of it whether it is to the upside or it is to the downside without this it is not an engulfing

Candlestick this right here is a perfect example of a beautiful strong bullish engulfing Candlestick which it has eaten the last 1 2 3 4 5 6 seven candlesticks

in one single day so this Candlestick is 7 days ahead of everybody else obviously you can then see how the market followed to the upside and that confirmed that

that was going to be the winning trade the winning car in the race and this applies this Candlestick applies to any single time frame doesn't matter if you're on The Daily doesn't matter if

you're on the 1 hour as long as you have your engulfing Candlestick the market is destined to go into that favor because the market is showing their hand first

doesn't matter if you're betting on car races or if you're reading on RC car races there at the end of the day whoever is ahead has the Le lead simply

makes more sense to bet on that person versus the person that is not so now all of these candlesticks together they create patterns obviously you can see the same pattern heading to the upside you can see the same patterns heading to

the downside that takes me to my next point which is going to be Candlestick patterns that the market shows you and now these patterns are almost like

where's Waldo as soon as you find Waldo in the map of where he would be you almost can't unsee it like it's actually impossible once you spotted him you spotted him and that's it there's no

going back you know where he's at same thing happens here once you spot these patterns of the market you can't unsee it like it's literally right in front of your face and it's going to be there permanently now every single time and

I'm literally about to crack something for you guys that you probably did not know that you had and that you were missing out by not properly identifying the markets the way you should now this Market that you see right in front of

you here not only are we on the line chart just to make this very simple for introduction but there is two different different types of Candlestick patterns in this section right here you have a

head and shoulders pattern and a inverted Head and Shoulders pattern and it might not be so obvious right now but as soon as I spot it out you're going to have an aha moment and it's going to be

like where's Waldo you're going to it's going to be impossible to unsee what you're about to see so this market right here actively right now the first thing that you have to do always is focus on

the first things first which is where is the market right now where is price and price is at that very point right there so then this is where you would start working your way down you would start

working from this point to this point to this point to Etc so you would identify that this Market is obviously bullish it's creating higher highs and it's

creating higher lows so this Market is a bullish market now this bullish Market was created because of a pattern now what pattern you may be asking well just

to make it very simple and straight to the point it is going to be a inverted Head and Shoulders pattern which is going to be

this pattern down at this point right here so it's an inverted Head and Shoulders pattern which is an opposite of a head and shoulders pattern inverted

Head and Shoulders patterns usually happen at the bottom of a trend as a reversal and then head and shoulders happen at the top of a trend as a reversal from the point there so these

patterns are used as reversal patterns so this is an inverted Head and Shoulders pattern which happened at the bottom of the trend to then shift this Market to the upside and then if you

notice this add a little bit more to the left would be a fullblown head and shoulders pattern to then creates a reversal for then the market to the

downside so you can see how this head and shoulders pattern then created a bearish market and then you can see how this head and shoulders then created a bullish Market this is because these

reversal patterns are happening at the highs and at the lows of the market as reversal patterns it is the stronger pattern that you can possibly see in the market and it is almost so obvious that

once you see it you can't unsee it it's very obvious that this is a left shoulder that this is a head and that then this point right here is another

right shoulder now it is impossible to have a head and shoulders pattern without a left shoulder a head and a right shoulder confirming that it's

broken through the neckline now a lot of people might believe that this right here could potentially be or is a head and shoulders pattern this right here is

not a head and shoulders pattern because this can literally just do this and then what where did your head and shoulders patterns go well nowhere clearly it never existed a head and shoulders

pattern only exists once it has broken and firmed the neckline of the head and shoulders so this is going to be the neckline at this point right here which

is what's held up by a level of support so the support is the neckline of The Head and Shoulders that is created of what these elbow points which is going

to be these Market structure points right here which are going to be held up by this support so the only way you have a confirmation of a head and shoulders is once we break through that neckline

line of the head and shoulders and obviously the same exact thing applies when you have a inverted Head and Shoulders the only thing that changes is

that it's simply the other way this right here is it a head and shoulders I'm going to let you think for a second go ahead I'm going to drink water thinkk no this is not a head and

shoulders pattern why because this can literally just do this right here and then where did your head and shoulders patterns go nowhere it never existed why

because it never broke through this neckline right here if it looks a little bit confusing all you have to do is flip this chart to the other side and then

you can clearly see that it never broke through the neckline never making it a valid Head and Shoulders pattern so you notice it's exact same thing just flipping it to the downside because this

is a inverted Head and Shoulders which happens at the bottom of a trend so this right here is not a head and shoulders pattern if this would have done this

then we have a confirmed inverted Head and Shoulders pattern that now we can be interested in taking this to the upside because now the market has then shifted so this literally happens Time and Time

and Time Again into the markets every single day like to the point where right now as I'm skimming through this Market I seeing tens of different Head and Shoulders patterns now again keep in

mind these Head and Shoulders patterns are not always going to be very pretty not always going to look like something like this you know it could happen but that possibility of that is not very

high you're going to sometimes have a little ugly head and shoulders it's nothing wrong with a little ugly head and shoulders like you know we've all been with an ugly person it's not a big deal do it for the game it's part of

what it is sometimes you would have something that looks like this but it's a valid Head and Shoulders pattern you would have something like this and then it would look like this it's ugly but it

is what it is is it's a head and shoulders pattern you just want to make sure that you can identify that it is a left ahead and then a right shoulder to

confirm that it is a head and shoulders pattern this right here is a perfect example of an ugly head and shoulders

pattern this is a left head and then a ugly right shoulder which then creates The Head and Shoulders pattern clearly happened at the top of the market which

then created the move to the downside and these obviously also happened in any single time frame of the market and it's going to happen every single day that

the market has different opportunities for you to trade on any single time frame now there's obviously many different types of patterns and I have a whole entire video right here that explains to you the patterns that I use

in my strategy every single day that give me the best Edge over the market because just like the head and shoulders pattern and they happen every single day in the market there's there's two different other patterns that I

personally use but I explain into more detail in this video right here so make sure you go check it out and this is all just a very simple way of how to read technical analysis and different types

of patterns that you can identify when reading the market and this is all very surface level ways on how to actually see different technical ways on how to read it because technical analysis

trading is simply the most successful route that retail Traders have taken over the last decades in order to succeed and it's what I've been using for the last 6 to 7 years along with all of my students that let to make anywhere

from $1,000 to $11,500 a week as a beginner set and forget Trader now if you don't know what set and forget is or it's your first time hearing it make sure you click the link in the description below because I have a video there for you that explains

to you exactly what it is and I show you how to identify these patterns and create an edge over the market that's going to make you anywhere from ,000 to $1,500 a week as a beginner set and

forget Trader so if you want to know what Center foret is and what it's all about and how it lets students have results like these or even these click the link in the description below for you and you're going to be able to see what it's all about and you're going to

get on a call with me every single week identifying these markets every single week seeing what makes the most sense does it make more sense to buy or does it make more sense to sell because I

share my personal trades with my students every single Sunday on a call that we get on before the market starts so we can actually see what markets are having the best patterns and the best tech technical analysis so if you want

to make anywhere from $1,000 to $1,500 a week and be part of my set and forget Community make sure you hit the link in the description below and I'll see you inside appreciate you guys watching this video all the way to the end hit that

like And subscribe button and I'll see you guys the next video