you will learn more in this free course than any paid cost out there I have been trading for four years now and I have compressed everything I know about price action trading into this 1our video so here's what you are going to learn why trade price action Market structure Trend Direction support and resistance levels trend lines Japanese candlesticks and chart patterns now these are the foundation of price action trading that I believe that every every single Trader out there need to master I have nothing to sell you here I'm not here to sell you a trading course or signers there's a lot of trading gurus out there trying to scam you but I've always been honest and transparent since the day I started this YouTube channel there's a ton of free trading courses on my channel and in this video I'm going to try my absolute hardest to change your trading for the battle and add as much value as possible for completely free everything that I'm about to share with you here will change your trading and I don't want you to miss a single crucial step so all I'm asking for you is to focus put your phone away stop reading the comments below this video put this video on full screen and give me your complete attention because if you don't even have the patience and the focus to watch this 1H hour video how are you going to become profitable at trading and I actually recommend you to grab a pen and paper to take down some notes the first question you might have is why trade price action the truth is all indicators lack and they are absolutely useless they are trash they do nothing but distract you since all indicators are just reflecting what price is doing price is the only thing that you really need now the markets are moved by the market participants and the price chart is a reflection of this it is the combination of thoughts behaviors patterns and actions of all these participants you can literally see a story unfold behind the price chart price is telling you who's winning and which site you should be on the only question is are you listening now here's the fun part let's go to the charts and I will explain to you exactly how you should trade price action and these are what we are going to cover so when it comes to Market structure right what is market structure Market structures is essentially the way the market move so what I mean by that is that in Market Shure you must understand that the market you will never go up in a straight line of this or you will never go down in a straight line like this in an uptrend price will be going up retrace a little bit going up retrace a little bit and then go up retra a little bit and go up even further how this works is that there will be a lot of buyers pushing the price up and essentially it will lose steam the buyers the buying pressure will lose Steam and some sellers start to come in and push the price down and causing this retracement and then more buyers will come in to push the price up again and then price will start retracing again and then go up and down again so essentially in this case this is what we call a uptrend and price is creating your higher highs and higher lows so this is a high high this high high this high is higher than this high and this low is higher than this previous low so this is what we call higher highs and higher lows in an uptrend so let me just put that down so in the uptrend price will be creating your higher highs and higher lows remember this guys very important Market is very important and you might think that right now it looks very simple but trust me it's it's not this easy on the charts because you will start to see that market structure actually looks something like this yeah you will look very confusing on the actual chart but when you come down to understanding Market structure if if you can understand that uptrend price get higher highs and higher lows you will be able to understand more about how to identify the correct Trend Direction so on the opposite of uptrend we have a downtrend so in the downtrend price will be creating your lower highs and lower lows right you can see price will go down retrace a little bit go down retrace a little bit go down and retrace a little bit and you can see in this case price is creating your lower highs you see this high is lower than this high and this low is lower than this low right here so downtrend price will be creating your lower highs and lower lows lower highs and lower lows and then the third Market structure is consolidation right this is consolidation where price is going sideways in that case we don't really want to trade right we want to stay out of the market I've learned this the hard way because like when price is consolidating like this right there is no 100% certainty that price is going to bounce from this this level all the way up to this level again price can go like somewhere right around here and then starts reversing and then go up start reversing again so it's a very tricky part to to trade and in my first year I lost a lot of money trading consolidation markets so if you beginning I would just advise you to stay out the market when price is consolidating example right here you see right here price just consolidating not going anywhere stay out of the market as simple as that so next is consolidation okay let's look at some example I forget let's say this is Market structure and also plus Trend direction we are learning two in one so this is the basis of Market structure and TR Trend Direction you can see an uptrend price creating higher highs and higher lows downtrend price is creating on Lower highs and lower lows so in this case right here right on gpusd look at what price is doing right here would you say this is uptrend downtrend or consolidation it is obviously a uptrend because price is creating your higher highs and higher lows see higher highs and higher lows this low is higher than this low this high is higher than this high right here so uptrend price getting high highs and high lows so before this uptrend look at what is happening right here consolidation price is going sideways up down up down up down up down in this case this is what we call the cons consolidation phase and then before that before the consolidation look at what happens lower high and lower low lower high and lower low so in this case it's a downtrend so price move from downtrend to consolidation to uptrend this is essentially what I mean by market structure the thing about the market is that you must understand that price will not just go anywhere randomly like just go ZZ anywhere no price has to follow us structure there is a order to the universe there is a order to the markets as well right price will follow structure so how it works is that price will always either be going up down or sideways there's only these three Trends right there only these three Trends either up down or sideways so how do you know when price is going to reverse right like what happened over here price revers from a downtrend to a uptrend how do you know that's going to happen and how do you predict that it's going to happen next concept is what I call the break of structure so essentially what is a break of structure let's take a look at break of structure so essentially like I said right let's say price is creating an uptrend like this High highs higher lows very beautiful high highs high lows at some point of time price will start losing Ste you can see price starts losing Steam and it starts consolidating right because right now there's not much bias inside the market right here and then the sellers are going to challenge the buyers because there's not much buyers anymore the buying pressure and momentum has faded away so that is why price is consolidating right here there's like a equal amount of buyers and sellers in the market right here at some point of time the buyers are going to be outnumbered by the sellers so a lot of see this and they're going to start selling creating a lot of selling pressure and momentum and then price will drop when price drop this does not mean that price is going to reverse to a downtrend yet because price can easily drop by this and still went back up why because this low is still higher than than the previous higher low Market structure is still present that is why to identify a clear breakout structure what you want to do is to wait for price to break through the last previous higher low you can see this is the last higher low right break trade come back up to retest it to create a new lower high this high is lower than this high rure in that case we can confirm that price has reversed from a uptrend to a downtrend and price is going to start creating lower highs and lower lows and that is the beauty of break off structural and that is how you can identify a reversal before it actually happens is to wait for price to break structure let me repeat once again guys just because price go down like this and you start seeing a little bit of selling pressure does not mean that price going to reverse and hit back down already you still must be patient be patient enough to wait for the break of structure and the break of structure only comes when you wait for price to break through the last higher low come up here to create a new lower high then that is counted as a valid break of structure so let's apply what we have learned over here this example right what did price give us price gave us lower highs lower lows at a start clear downtrend but then somewhere right around here price starts consolidating and losing steam like I said example of time the sellers will go away right this selling pressure cannot be forever whatever goes down must go up whatever goes up eventually comes down that's the nature of the market that is Market structur at is finest so over here Point start losing momentum losing Steam and it starts consolidating right here starts consolidating right here and you can see where is the last lower high the last lower high the last lower high would be this one right here can see after price created this lower high there was no more lower highs there was no more lower highs over here right price did not create any more lower highs right right price just started to consolidate around this area here so this is the last lower high so what we are essentially looking for is to for price to break through this last lower high right here because if price is able to break through this last lower high here it will give us a Confluence and tell us that price has broken structure Market structure has been broken and price is going to reverse from a downtrend to a uptrend right so we for price to break through this area right here or you can even call this as the last lower high actually you can see this area right here yeah this high is also lower than this high right here so either this one or this one is fine yeah so let let's let's assume that you want to put at this one right this is the last lower high so in this case price actually went up break past the last lower high right here you can see right let me just bar play this again price broke through the last low high but does this mean that price is going to reverse yet no because you have to wait for price to come down and retest this last lower high to create your new higher low then that is when we can enter for the trade so at this point time we still wait for Price coming down to retest you can see price starts coming down to retest this last lower high we are waiting for price to create a higher low boom you can see this low is higher than this low right here so price has broken Market structure because price has broken the last lower high right here and then it has come back down and create a new higher low and then price is eventually going to go up and create another higher highs and higher lows and reverse to an uptrend so for support and resistance levels right what we are looking for is essentially levels where price is reversing at so support level basically act as a flaw resistance level act as a ceiling pretend that you have a ball in your hands right here now and then you throw the ball upwards and then there's a sing right here the price is going to I mean the ball is going to go up to this ceiling and then bounce of this ceiling that is your resistance level is basically a level where price is going to bounce off from the upside now let's say same scenario but different circumstance right now let's say you have the ball in your hands again but you drop the ball instead you drop the ball instead and then we have a floor right here so price is going to go down to the floor and then bounce off the floor this is your support level so support level essentially act as a flaw for price and a resistance level essentially act as a ceiling for price so support and resistance right are basically levels where price has stopped at multiple times so let's say this level right here price starts going up here and then reverse and it starts going up again reverse again now price tried to break pass this level one time two time and it f to break through two time it is counted as a resistance level right so it must at least two touches so the next time price come out to this resistance level again you can expect price to reverse at this area you can expect sellers to be waiting at this resist resistance level to shut the price down so that is what I mean by resistance level right but be in mind that this is not fullprof sometimes price will break through the resistance level if there is enough pressure right this will be what we call a breakout yeah but this is selling a resistance level so support level is basically the opposite is where price come down here F the break pass go back up come down again test it again F to break pass again go back up so two touches price F to break pass two times it is count at the support level and next time price comes down here you can look to enter for a buy somewhere right around here so back to life scenario so the reason why I mark up this level is because look at what price did price comes down go back up at this level comes down again go back up at this level again so two touches one here one here two times price fail to break past this level you didn't know this is a cut them support level and you can look to enter for a buy at this level right here so price come back down to this level here and then reverse here and see you can enter for buy easily right here this for support and then for resistance a resistance could something be like uh right here at this level price went up once reverse at this level go up again and it starts reversing again so you can see in this area right price encounter a resistance at this level here because it f the break past this level two times right so the next time price come up to this level right here you can expect it to have some sort of selling resistance you can see right here price came up to this level once again and started having some selling pressure right here some selling pressure right here but eventually because this uptrend is so strong right there's a lot of bullish momentum and pressure essentially book out of the resistance level come back down to retest this resistance level and now it act as your sport level so that's the another principle I want you guys to learn right when price break through a key level like this right when price break through a resistance level let me put it on when price break through resistance level that resistance level becomes support level and vice versa so if price break through support level that support level becomes resistance level so in this case right what happened was that price break through the resistance level and then come back down and they act as the support level now you can see one time two time support level right now so that is support and resistance basically is very very simple you just need to find an area where price has like failed to break past multiple times I can I can easily spot so many right here one here and and then there's another one like somewhere right along here a resistance level here one time two time three touches right here and then there is also a support area right here one time two time three touches and then there's a resistance area right here and then there is um another resistance area right here one time two time three time and then yeah there's a lot of resistance area right here because it's the downtrend and in the uptrend like this that's also support level like somewhere right around here you can see I'm easily able to spot support and resistance levels because it comes with a lot of like experience right you're able to just spot it within 5 Seconds Right comes with a lot of experience right so yeah let practice more and you can get the hang of it easily remember as Traders we want to trade with the trend why why do we want to trade the trend because think about in this way you are a small fishing boat in the sea right you're small fishing boat in the SE see the waves are strong right the waves are very strong uh forgive my terrible drawing but let's say this is you you are in a small fishing boat in the sea the waves are strong the current is strong and the current is going this way would you go against the current by trying to go this way or go with the current and try to go this way any idiot will tell you that you will try to go against the current because if you try to go against the current it's like going against the nature of the universe right it's ENT eventually the waves are come out and drown you and you'll die right that is why as Traders it's the same concept we want to trade with the trend the trend is the power right the trend is where essentially is the power is at the liquidity the pressure the momentum is at example trading the trend would be in the uptrend you want to look to enter for buy right you want to look to enter for a buy because it's a uptrend and price is creating High highs and higher lows higher highs and higher lows and there's a lot of opportunities where can enter for a buy and then in a downtrend like this you want to enter for a sell right you have to enter for a sell right there's a lot of opportunities where you can enter for a sell here now you are wondering can I trade against the trend then you can example if you are scalper let's say you just a scalper and the overall trend is uptrend but this is a trend in what the higher time frames the daily time frame so there's no point in you looking at the daily time frame in that case you'll probably be like at a 5 minute time frame in the 5 minute time frame you can see there's a lot of noise right here price going up down up down up down up down constantly in this case if you enter for a sell right here you are going against the overall trend on The Daily time frame because the daily time frame the overall trend direction is the uptrend the longterm trend is uptrend but you are sculle you won't give a about the overall trend direction right because you're just getting in and out the trade within 5 minutes 15 minutes so the overall trend direction does not really matter to you but with that say bear in mind if you trade against the direction you will never ever know when the overall trend is going to eat you up alive what I mean by that is that let's say you startu in a 5 minute time frame you're going about your sculping routine right you're getting in and out of trade and then you end enter for sale somewhere right around here you know maybe let's say enter for sale somewhere right around here okay you enter for a sale uh having your target right here so you want to exit right here and then you're happy happy you know like price went in a profit you're happy you're celebrating you're popping your Champaign you're you're like looking at what you you're going to buy your trading profit and then next thing you know this happens because the big money the smart money the big financial institution have entered the market because they are looking to load up their buying positions to trade with the overall trend which is the uptrend that is why I ask you guys to trade with the trend Direction at this stage you're still a complete beginner especially if you're beginner trade with the trend direction if it's a uptrend look to enter for a buy if it's a downtrend look to end up for our S as simple as that there is no need to complicate things I made a lot of money with this by following the trend Direction I lost a lot of money by trying going trying to go against the trend Direction the reason why I'm telling you this story is because I experienced this myself back when I was like a sculle in my first two years of trading I just constantly getting in of the trade and I will look to trade against the trend and I will always end up getting burn and just losing a lot of money so please do not make this mistake right if you want to trade against the trend trade it at your own risk right treated it with caution so what are trend lines so essentially right trend lines is basically lines that is able to help us identify the trend and if we can identify the trend we can trade with the trend so how do you draw a trend line in out Trend where price is creating higher highs and higher lows like this right how you draw a trend line is by connecting all the high lows this high low high lows right here so take a trend line to they can be found somewhere right around here trend line connect this High higher low to the other higher low and just boom then you have your trend line right basically by connecting the higher lows together so how it works is that essentially the next time price come down to this trend line right here you are expecting price to bounce of this trend line and that is when you can enter for a Buy Right Here Right expecting price to bounce of the trend line back down here price bounce off the trend line again you can end up for Buy Buy Buy here so this areas where price has come back down to this trend line is essentially areas where you can look to enter for a buy so this is the trend line in the uptrend and you basically draw a uptrend trend line by connecting all the higher lows of price next what about downtrend in the downtrend when price is creating lower highs and lower lows lower highs and lower lows like this lower high lower low lower high low low in this case how we draw a trend line is by connecting all the lower highs this is the low high this is another low high so they a try to Conta the lower highs like this lower highs guys not lower lows okay not lower lows lower highs remember in my first year I always got this confused and I always end up drawing the trend line here and I'm wondering how do you sell if it's like this so always make sure you draw at the lower highs so once again next time price come up to this down trend line you can look to enter for a short position enter for a sell here and then again bounce off again enter for a sell so that's a trend line bounce strategy right basically where price is bouncing on the trend line you can look to trade in that direction but then what if price break to the trend line say let's say price come up to this trend line right here right instead of bouncing up like this it broke through what do you do in this case when price break off the trend line it means that this trend direction is about to change so that's the second way they can identify a reversal when price has broke out of the trend line so in this case price has broken out the trend line there's a chance that price is going to reverse and it's going to create higher highs and higher lows and reverse to become an option right now but at the same time you have to be careful because sometimes what price can do is that so you just dip the head above the trend line and then go back in like this in that case that is what constitute as a fake out right once again a real breakout is if price break through the trend line just continue going up high highs high lows so you can tell by looking at the candlesticks that is performing at the trend line is there a lot of candlesticks pressure a lot of candlesticks momentum at this level if there is most likely price is going to reverse and price is going to hit up so let's look at how we can apply this in real time so in this case you can see price is creating your lower highs and lower lows now okay the thing about trend lines is I want you guys to bear in mind that on some currency paure it's going to be very hard to draw a trend line and when you can't draw trend line Don't Force It okay don't force it yourself to draw a trend line if you can't draw a trend line in that case fall back to Market structure look at the trend Direction based on Market structure is price creating lower lows the lower highs then that is downtrend price is creating higher highs high lows then that is uptrend so if you can't identify the trend Direction fall back on Market structure so over here let's say price is the downtrend I mean price is in the downtrend right here and price getting a lower highs lower lows lower highs lower lows lower highs lower lows in that case we can draw a beautiful beautiful downtrend right here connecting all the low highs right here okay once again right it's the same thing as support resistance levels in order for this trend line to be valid it needs two touches one right here another one right here two touches it is valid so the next time price come back up to this trend line we can look to enter for sell so you can see price go down create low high low low go down but this time it didn't really touch this trend line so you can still wait and then boom over here price comes back up to touch tou this trend line right here this when you can look to enter for a sell right here and then goes down creating a lower low again and Boom come back up to the trend line again you can look for a trend line bounce right here and for sell right here and then same thing right here trend line bounce over here so in this case this is how you can sh the market out right this is how you can look for places to enter for sell now what if it is in uptrend in uptrend price is creating your higher highs higher lows higher highs and higher lows so in that case you have to draw a trend line connecting all the higher lows so connecting all the higher lows like this you can see one touch two touch it is a valid trend line so the next time price come back down to this uptrend line we can look to end or buy so you can see price goes up and then come down retest to this uptrend line you can look to enter for buy right here can see so on and so forth yeah this is what I mean by f out guys you can see look at what price did price break through the trend line and then just go back in like this and just continue this uptrend right in order for this trend line to be valid right price is to break out this trend line create a lot of momentum and a lot of selling pressure to for price to just reverse and hit down or even wait for price to break out the trend line come back up to retest the trend line and then go down like this right bear in mind that this breakout right they don't always retest that means price won't just break out and then just r test immediately sometimes price can just go straight down without any retest so you have to play by year when it comes to trend lines and stuff and really observe what the candlesticks are showing you at the trend line so that is my de for you and in order to do that you have to understand candlesticks so that is two types of candlesticks a bullish Candlestick which is the green one right here and then a bearish Candlestick which is the red one right here in a bullish Candlestick price is going to open below and close at a price that is higher than its opening price obviously right because when price open right here price going to get push up the buying pressure is going to push price up eventually it's going to close somewhere down here but at some point of time when price is forming this Candlestick price can get pushed all the way up here before it starts to come down and close right here and then in that case this was the highest point price went to at some point of time and that is what we call the high and then this is the lowest point that price went to when price is forming this Candlestick so when price forming this Candlestick price literally went all the way down here before it went back up here to close at this level right here so this is what we call the low so this is the low this is the high and this is the open price and then this is the closing price so you can see in a bullish Candlestick the price Clos higher than the opening price in a bearish Candlestick it's the opposite the bearish CTIC price open right here and then the sellers start to push all the price down right all the push all the price down down down down down eventually it went all the way down here so that's the low and then eventually ended up closing right here leaving a trail behind so this is the low this is the high and this is the closing price you can see the closing price is lower than the opening price in a bearish Candlestick while in a bullish CTIC the closing price is higher than the opening price so this is what we call the can week you can see this line over here this two line right here this is called a Candlestick week this the upper week this is the lower week upper Shadow or lower Shadow whatever like to call it upper Weck or lower Weck is same so this is the wick and then this is the Candlestick body right this is the Candlestick body so that is the anatomy of a Candlestick yeah but basically you can see this is essentially how a Candlestick work right there is a lot of Candlestick patters that can can memorize out there like if you memorize this pattern that means price is going to go up if you memorize this pattern that means is going to go down for me I always tell my students there is no need to memorize all the Candlestick patterns out there you hear this advice all the time all you need to do is to go memorize this Candlestick pattern or that Candlestick pattern and then look out for this Candlestick pattern when it comes out there is no need to do all that if you can understand Candlestick pressure Candlestick momentum how do you understand candlesticks without memorizing all these complicated candas patterns look at the candlesticks body and a Candlestick Wick let me explain to you guys so let's say you have two candlesticks Candlestick a this right here is Candlestick a this right here is Candlestick B you can see both Candlestick it is about the same length but in this case what is the difference here the difference is the size of the body compared to the size of the wig you can see in Candlestick a there is a big Candlestick body and then Candlestick B there is a small Candlestick body this tells us everything we need to know about price the think about indicators all the trading indicators RSI uh Binger bands moving averages all these things lack right all these indicators they lack that is why we purly focus on price action and the fundamental of price action is to focus on price and what is price price present itself when you look at candlesticks when you look at who is in control of price and we can tell by looking at the candlesticks we can tell whether the buyers or the sellers are in control of price so in this case in Candlestick 8 there's a bigger body this St us that's a lot of buying pressure and a lot of buying momentum compared to Candlestick B with have a small little Candlestick body and that's a very long week this tell us that there is lesser momentum and lesser pressure so that is maybe probably about like eight uh like a 20% buyers but over here there's 80% buyers and 20% sellers well over here there's like 80% sellers maybe not 80% yet maybe this like a 60% uh buyers for 40% sellers right and we literally got to tell who's in control of price just by looking at the Candlestick that is how powerful the Candlestick is right by looking at a Candlestick momentum and a Candlestick pressure that's my first tip for you guys is to look at the Candlestick body right to compare the Candlestick body oh look at a Candlestick body right if the Candlestick body is big body equal momentum equal large momentum small body equal lesser momentum lesser momentum and buyers buyers inside the market so small body basically means lesser buyers inside the market so that's the first step look at the Candlestick body right because like I said price tells us everything next second would be to compare the size of the Candlestick body to the size of the wick the Candlestick Wick so another TI is to compare the size of the body to the size of the wick in in this case right you see this Candlestick is about 80% body and only 20% Wick and this is 20% body and 80% weak so same thing right here right when we compare the size of the body to the week you can see that uh that is about there is more weak equal less momentum or pressure right that means less bias and that translate to less bias right and then the third TI would be CTIC can get confusing that is why I recommend you to actually Focus focus on candlesticks at a key level so if you look at a candlesticks like this right it can get very confusing because price can go up down up down up down and if you look at this green candlesticks you would think that oh price is supposed to be going up and then next no price has go down and I look at a red Candlestick you think that oh yeah yeah the price is going to go down and just going to continue going down and next know price are reversing go up go up down go and it get super duper confusing in this case you the fall back to the principle that you should only be focusing on the candlesticks that is at a key level that means you should not be giving a about candlesticks that is in the middle of nowhere you should only be giving a about candlesticks that is at a key level right at a key level so back to support and resistance levels so let's say we have identified a support level right here and we have identifi a resistance level right here okay we have identified these two levels when I say focus on the candlesticks at a key level what I mean is that this candlesticks right here and this candlesticks right here that means all of these candlesticks in the middle of nowhere right here all these are noise all these are just there to confuse you even further all you need to know is to see the candlesticks at the key level to tell whether price is breaking through this key level or is it going to reverse at this key level and you can find out the answer by by looking at who is in control of the price once again and by analyzing the candlesticks example right here what we saw in this scenario over here was that there was a lot of selling pressure right here right you can see large bearish candlesticks big bearish candlesticks a lot of selling momentum and pressure pushing the price down down down down down down down and then as price approach this key support level we know that this is a key support level maybe if you look at like the history price has came down to this level before yeah so this is a very key support level let's let's just assume that it is and then there's going to be buyers waiting at this support level to push the price up in that case what you want to do is to observe the candlesticks as it approach the key support level you can start to see it start to lose momentum start to lose pressure right it start to make smaller candlesticks you can see Candlestick as smaller and smaller and over here it just comes down all the way down here and it stops abruptly and it stops abruptly and look at what happens look at the candlesticks at the key level it tells us everything we need to know what's happening here cesti week cesti Weck cesti weeks a lot of lower week right here what does this lower weeks mean it means that at some point of time price was trying to push I mean the sellers was trying to push the price all the way down here all the way down here that's why creating this low low low low right here but it always end up the buyers come in and save the day and push the price all the way up and you can see all the candlesticks right here they always close above the key level look at this area right here they always close above the key level oh my God what does this me this means that price is not going to break B the support level and price is potentially going to reverse and hit back up in that case easily you could have ENT up for a buy somewhere right around here easily so once again let's look at another example price starts trading higher highs high lows and we saw that price is approaching this resistance level and at the start there's a lot of buying momentum and buying pressure how do we know that look at the Candlestick body big bull bullish Candlestick big bullish Candlestick a lot of buying pressure and momentum pushing the price up and then retrace and then a lot of buying momentum and pressure continue pushing the price up and then look at what price happens over here the Candlestick start to get smaller just compare this candlesticks to these candlesticks right here so antic is to compare the size of the current Candlestick to the previous candate and it will tell you everything once again right here you can see right here example right here right you can see this big red Candlestick engulfing this small little blue poor little Candlestick and look at what happens retracement sellers enter push the price down once again over here you can see the blue Candlestick start to get smaller and smaller right the momentum fading away the buying pressure going away right and then look at what price give us a huge red Candlestick at a clear resistance level clear as day price is about to collapse right price is about to collapse sellers have entered the market and there's a lot of selling volume coming inside the market but then price starts to go up again to test this level again right to see okay whether it's like actually solid whether this is actually a solid resistance level and they got rejected hit back down never mind they test again test again rejected third time another same scenario look at this Big R Candlestick engulfing this small little Candlestick this is what we call a beish engulfing canti pattern by the way and you can see look at what happened price collapse price collapse create lower highs lower low starts consolidating around this AAL before it finally broke past this area right here with huge bullish momentum huge pressure you can see just by looking at the candlesticks I'm able to tell what price is going to do I'm able to tell who is actually in control of the market right now is it the buyers or is it the sellers and that's all trading is about understanding who is in control is it a boost is it the best and then if you understand that the Boost are in control then you should be looking to buy if you're understanding that the best are in control you should be looking to sell because like I said you got to trade with the trend so those my are my tips for candlesticks if you can genuinely get these tips nail down in your head right understand candles momentum Candlestick pressure and liquidity all these things you don't need the freaking Candlestick patteron chit because you understand why the candlesticks Spa how they move and where they are going next focus on three Candlestick patterns I almost forgot to mention this point but find three favorite Candlestick patterns that you love that it works and I just focus on finding those three Candlestick patterns let's say for me in this scenario was that the first Candlestick pattern that I really like is the bearish engulfing Candlestick pattern and this pattern right here where there's a big red Candlestick engulfing the small little green Candlestick and when you see that that means you should enter for a sell and I saw it right here right here and right here and that presented me selling opportunities so there the first Candlestick pattern that I like to focus on the bullish and the bearish engulfing Candlestick pattern and then there's another one that is the the three line strike so if by CS I'll enter for sell and by CS I will enter for buy this CH is wrong by the way like like I say this is supposed to be selling pressure because if you look at this huge rate Candlestick right here once again fall back to the premise of understanding Candlestick pressure and momentum you will know that when you see this big great Candlestick engulfing the previous three candlesticks God damn it it's going to price about collapse so if you see this in the downtrend most likely price is going to collapse and can end up for sell if you see this in the uptrend price is most likely going to go up creating higher highs and whatnot so that's my second favorite pattern my third favorite pattern is actually the Morning Star right so if I see this that means that price going to reverse and it's going to hit back up and I'm going to enter for a buy and if I see this evening star price going to reverse and hit down and I'm going to enter for a sell and if you can combine all these Candlestick patterns to like whatever I tgh you about the key levels so you spot the Candlestick pattern at a key level additional Confluence it all adds up together and that is when you can enter for the trade so beish engulfing candles sck at a resistance level Ander for sell over here there's no there's no pattern right here actually uh over here you can see distance level Evening Star CTIC patteron enter for sell or over here support level Morning Star CES Buton enter for buy that is what I mean guys lot of chart patterns out there there is your double top there's your HS and shoulders there's your Rising wedges uh inverted heads and shoulders falling wedges triangles wedges Pann whatever there's a lot of CH batter out there focus and memorize just three patterns just focus on memorizing three actually two for for me I only memorize two actually and I didn't really memorize it it just so happens that I've been trading for so long and it just stuck within me I I I just can't get rid of it I don't give a about wedges I don't give a about triangles I don't give a about panents whatever maybe they work maybe they don't I've never really like tested out tested them out myself right sure they are there and maybe they work but I don't really give a about those because if you look at the chart patterns right if you look at this of chart patterns the patterns that have the highest statistical win rate is this right here the heads and shoulders and the double top and dou bottom this four right here is the four chart patterns that I memorize double top double bottom heads and shoulders inverted head and shoulders so if you see a do top you should enter for sell if you see a d bottom you should enter for buy if you see a heads and shoulders you should enter for sell if you see a inverted heads and shoulders you should enter for buy so let's look at this in real time so example right here right you can see double top dou bottom and HS and shoulders these patterns are so goddamn common that you will literally see them in your everyday life like a very is a very very common pattern example we saw a resistance level like somewhere right around here and look at what price gave us go up rejected it go up once again rejected it this is your double top right double top and price collapse right so you have easily ended up for sell when price break through the neck line and the neck line is this level right here you can see this m right and then the middle the M here this low point this is the the neck line so you can enter for a sell immediately when price break to the neck line and you place a stop loss above the the one of top and then take profit the next k level once again this is not a video on strategy this is a price action crash course where I teach you guys how to analyze the charts so I'm not going to go through entry and exit in this lesson and then another scenario could be uh maybe let's look at down bottom down bottom easily spot you can see so easy spot it one here another bottom here and it just went back up so you can easily ENT up for buy when price break through the neck line right here and the for bike and the thing about bottom and our tops is that it doesn't have to be perfectly like this this two top doesn't have to be perfect like the same height it can be D top first top like this and then second top kind of deform and it's like lower than the other one in that case it is okay as well it is still counted as a double top as well right so don't don't be like too fixated on it must be the same height no it doesn't need to be the same height price can do whatever it wants at the end of the day how about this inverted heads and shoulders left shoulder head right shoulder and see this is the left shoulder this is the head and this is the right shoulder and once price break through the neckline look at what price did it went up so easily could have enter for buy right here and price break to the neckline and then let's look for heads and shoulders left shoulder hit right shoulder breakr neckline collapse as simple as that and once again the left shoulder and the right shoulder doesn't need to be the same length so it can look a little bit deformed like like this and still go back down it still count as a hit shoulder right and essentially HS and shoulder just a giant middle finger right just a giant middle finger that's how iiz it honestly so this is essentially what we have learned so far Market structural basically price in uptrend price should be creating higher highs higher lows and lower highs and lower lows in the downtrend and then we also learn break of structure how to identify reversal and stuff and then followed by support and resistance level where we know that okay you should buy at sport level you should sell at resistance level and support is essentially like a floor resistance is like a ceiling and then we got trend line trend lines is basically in uptrend you want to buy you want to block the trend line on all the higher lows and the downtrend you want to block the trend line in all the connecting all the lower highs and you want to sell if price bounce off the trend line I mean trade in the direction of the trend line H if is bouncing of the trend line and it's breaking past the trend line you can trade the opposite direction and Then followed by Japanese candlesticks we talk about the Five Points about Japanese candlestick and also wrap up with chart patterns and basically hits and shoulders and down top and down bottom and inverted hits and shoulders those are four patterns that I focus on now trading can get extremely lonely and if you want to become a profitable Trader faster you need the help of other people that is why I would recommend you to join our trading tribe for free we are a tight niip tribe of like-minded Traders or striving towards the same goal which is freedom this is where you can meet and network with other Traders access more free trading courses just like this one and celebrate your wins and losses together now my vision is to produce 1 million successful and profitable Traders over the next 5 years and I hope that you can join me on this movement and together we can change the trading industry for the battle like this video if you guys have learned something and if you want to learn more about price action trading check out this playlist right here and as always remember you're just one trade away