E01: Different Types Of Candlesticks (The Ultimate Guide To Candlestick Patterns)
Soheil PKO Soheil PKO
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 Published On Dec 13, 2020

This is episode1 of the Ultimate Guide To Candlestick Patterns course. In this episode, candlestick meaning, candlestick analysis, and different types of candlesticks are explained, and it's shown how a candlestick can be used for trend analysis and identifying changes in the direction of the market. Candlestick chart analysis is extremely important, and learning candlestick pattern analysis is a must for beginners. Knowing candlestick patterns and how to read them can help us a lot in trading, and they are useful for any kinds of trading style, especially candlestick patterns for intraday trading are very common among traders. Candlestick pattern analysis can be applied to any financial market like Forex, stocks, Bitcoin, etc. and by using them in conjunction with other tools and concepts in technical analysis, we can effectively forecast possible changes in the market.

TIMESTAMPS:
00:00 - Intro
00:33 - The Basics
03:16 - Green Candle vs. Red Candle
04:57 - Long Candles
05:13 - Long Candle vs. Short Candle
05:45 - Marubozu
06:32 - Closing Marubozu
07:15 - Opening Marubozu
08:03 - Spinning Top
09:53 - Shooting Star And Inverted Hammer
11:42 - Hammer And Hanging Man
12:47 - Doji
14:43 - Long-Legged Doji
15:54 - Cross Doji And Inverted Cross Doji
18:01 - Dragonfly Doji And Gravestone Doji
18:42 - 4 Price Doji
19:02 - Outro


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DISCLAIMER:

Please be advised that I am not a licensed financial advisor or registered investment advisor, and this material has been prepared for entertainment and informational purposes only, and it is not intended to be relied upon as investment, financial, accounting, tax, legal, regulatory or similar advice, and it is not an endorsement of any provider, product or service.
Trading and investing in financial markets poses considerable risk of loss, so please make sure to do your own research or consult a certified financial or investment advisor. The information and content provided on this channel does not guarantee any particular or expected outcome.

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