Stick chart transcript easily

Aug 6th, 2022
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How to stick chart transcript

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Hello Everybody !! Today, I am not recording this class to teach you SFM This class is mainly for those students who trade in the stock market they asked that they dont know exit point and entry point, dont know how to analyse the chart, Tell us how brokers tell where to take entry or exit from analyzing the chart, This should be my target, this should be my stop-loss, Mainly, we are not able to do it So for these things, students have requested to record this video By the way, time was not available But even after I have to do this much So we can say This class is related to the stock market Basically understanding the chart of stock market And analyzing the chart deciding entry and exit point on the basis of it Today, We will see this So if I talk about the chart so whenever chart is analysed, first thing that people consider is candle chart lets start about the Candlestick chart Firstly, what is this? We have to understand it See, what the chart says 2 points are in this Fir

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The direction of the price is indicated by the color of the candlestick. If the price of the candle is closing above the opening price of the candle, then the price is moving upwards and the candle would be green (the color of the candle depends on the chart settings).
The candlestick has a wide part, which is called the real body. This real body represents the price range between the open and close of that days trading. When the real body is filled in or black, it means the close was lower than the open. If the real body is empty, it means the close was higher than the open.
As the name suggests, the pattern consists of three candles, which are green in colour. Traders believe that this formation signals an upcoming price reversal because of the strong buying pressure.
How to Analyse Candlestick Chart If the upper wick on a red candle is short, then it indicates that the stock opened near the high of the day. 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.
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candles real body and a close that exceeds the previous candles high.
Candlestick trading is a strategy in which the price on the previous n candlesticks is observed and then you decide your next trade on the basis of that observation. Hence, if the price is increasing continuously for say, 3 candlesticks, then it is highly probable that it will rise further.
The pattern requires three candles to form in a specific sequence, showing that the current trend has lost momentum and a move in the other direction might be starting.
This triple candlestick pattern indicates that the downtrend is possibly over and that a new uptrend has started. For a valid three inside up candlestick formation, look for these properties: The first candle should be found at the bottom of a downtrend and is characterized by a long bearish candlestick.

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