#Knowledgenuggets

#Technicals #Candlestick
1. First & foremost thing is to know how many types of candles are formed by any security ( Doji, Bar)
2. Second thing is to know description of that candle ( Bullish/Bearish
3. Third thing is to know break down of that candle

#Knowledgenuggets

#Technicals #Candlestick
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Right pointing backhand index" aria-label="Emoji: Right pointing backhand index"> Any candle formed by security has 4 components ( Open—Close, Low-Highl)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Right pointing backhand index" aria-label="Emoji: Right pointing backhand index">A candle is formed once the fight b/w 2 emotions (Buy-Sell) is got over in a certain time frame
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Right pointing backhand index" aria-label="Emoji: Right pointing backhand index">Green signals bullish & Red signals bearish momentum

#Knowledgenuggets

#Technicals #Candlestick https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Bar chart" aria-label="Emoji: Bar chart">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Right pointing backhand index" aria-label="Emoji: Right pointing backhand index">Just learn the candles name like you print the image in mindhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="😇" title="Smiling face with halo" aria-label="Emoji: Smiling face with halo">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Right pointing backhand index" aria-label="Emoji: Right pointing backhand index"> Once you identify the candle break it down further to get detailed info about the move
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👉" title="Right pointing backhand index" aria-label="Emoji: Right pointing backhand index"> Like breaking an hourly candle into four 15m candles to know the momentum

#Knowledgenuggets https://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

#Technicals #Candlestick https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Chart with upwards trend" aria-label="Emoji: Chart with upwards trend">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">Once you know the candle names next step is to know different kind of patterns formed by these candles
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">There are 3 types patterns formed by candles as shown in the picture
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">Patterns can be seen on any time frame chart (D,W)

#Knowledgenuggetshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

#Technicals #Candlestick https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Bar chart" aria-label="Emoji: Bar chart">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">To learn & excel in candlestick the most important thing is do is practice
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">We need to develop a habit of analysing candlestick patterns on 20—30 charts dailyhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Chart with upwards trend" aria-label="Emoji: Chart with upwards trend">https://abs.twimg.com/emoji/v2/... draggable="false" alt="📉" title="Chart with downwards trend" aria-label="Emoji: Chart with downwards trend">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">With that practice we get better day by day, week by week https://abs.twimg.com/emoji/v2/... draggable="false" alt="💪" title="Flexed biceps" aria-label="Emoji: Flexed biceps">

#Knowledgenuggets https://abs.twimg.com/emoji/v2/... draggable="false" alt="📒" title="Ledger" aria-label="Emoji: Ledger">

#Technicals #Candlestick https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Bar chart" aria-label="Emoji: Bar chart">
Pattern tells us the same direction on chart in any time frame..
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">For intra day use 5,15 minutes
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">For positional use 1hr, 2 hrs
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">For short term use daily
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">For medium term use weekly
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb">For long term use monthly & quarterly