Understanding Market Candles Using CWRV

Introduction

• Lecture on market candles using CWRV
• Importance of watching the video until the end

Key Concepts

Market Candles and Volume

• Each candle on the market chart has a volume indicator
• Sellers and buyers influence the market

Analysis of Market Behavior

• Scenario 1: Strong sellers enter the market
  • Sellers dominate; buyers fail to decrease sellers' volume
  • Result: Next candle is red
• Scenario 2: Buyers try to increase volume but fail
  • Buyers attempt to take control
  • Result: Next candle is red

Detailed Candle Analysis

• A detailed look at buyer and seller interactions
  • Sellers strong at one point; buyers enter with strong volume later
  • Sellers manage to overpower buyers despite buyers' significant effort

Important Observations

Candle Color and Volume Interactions

• Even with a high volume, the color may contradict expected trends due to market dynamics
• Buyers and sellers both influence each other’s control over the market
• Look for points where buyers and sellers switch dominance

Reading Market Structure

• Important to understand market structure and candle formations
  • Sellers gaining control marked by red candles
  • Buyers gaining control marked by green candles
  • Analyze detailed interactions within each candle

Conclusion

• Continuous practice and observation required to master prediction
• Invitation to message the instructor for further guidance via Telegram