Best Candlestick Patterns (That Work)

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In this video we show you the BEST candlestick patterns that work. Knowing how to spot candlestick patterns is a key part of price action and all traders must learn how to be able to spot candlestick patterns in the market correctly in order to spot high quality trade opportunities.
There are many ways to use candlestick patterns but in this video, we combine candlestick patterns with key levels of support and resistance to identify high quality trade opportunities.
Price action as a whole is a complex subject and candlestick patterns is a very important concept within the price action ideology as a whole.
We also include some advanced candlestick pattern psychology concepts that take your price action understanding to the next level.

Пікірлер: 2 000

  • @Wysetrade
    @WysetradeАй бұрын

    *NEW VIDEO ON OPTIONS TRADING FOR BEGINNERS: kzread.info/dash/bejne/qYVmsrqDl8bZqM4.html

  • @oImighty
    @oImighty4 жыл бұрын

    1:15 - Long wick candle 3:20 - Inside bar candle 4:20 - Momentum candle 5:20 - Multiple candle rejections 8:03 - Shrinking candles 8:43 - Candle colour change 9:10 - Stacking candlestick patterns together

  • @Wysetrade

    @Wysetrade

    4 жыл бұрын

    👍👍

  • @JoefreyMahusay

    @JoefreyMahusay

    4 жыл бұрын

    Nice Oleg. :)

  • @unmeshdindore9599

    @unmeshdindore9599

    4 жыл бұрын

    What are these calculations sir?

  • @aGr3atD4y

    @aGr3atD4y

    4 жыл бұрын

    thx!

  • @andreablack2432

    @andreablack2432

    4 жыл бұрын

    Unmesh Dindore it’s the time that he speaks about each type of candle in the video

  • @chescanful
    @chescanful3 жыл бұрын

    YOU NAILED THE CANDLESTICK IN JUST 13 MINUTES VIDEO.. BIG RESPECT.

  • @charleswatiri2971
    @charleswatiri29713 жыл бұрын

    Candle sticks patterns can't be explained better than that. Simple and straight forward. Thank you very much

  • @drsifisovilakati1319
    @drsifisovilakati13193 жыл бұрын

    For the very first time I'm getting such clarity on intepreting candlesticks pattens.I just love trading.

  • @iviivi4528
    @iviivi45284 жыл бұрын

    Finding this channel is like finding gold

  • @kyscott7111

    @kyscott7111

    4 жыл бұрын

    SERIOUSLY!

  • @powerhousetv8240

    @powerhousetv8240

    4 жыл бұрын

    Agree

  • @navdeepsingh5338

    @navdeepsingh5338

    4 жыл бұрын

    ivi ivi I definitely agree with you Dear.

  • @DucPham0303

    @DucPham0303

    4 жыл бұрын

    I Love This Channel than the most of the others !

  • @chandankumar-lh4jo

    @chandankumar-lh4jo

    4 жыл бұрын

    Very true

  • @trustenbaker8766
    @trustenbaker87664 жыл бұрын

    I've never heard anyone explain this as well as what you did. Slowly and without anything other than just what's needed.

  • @fionachu4940
    @fionachu49404 жыл бұрын

    I love how this is so simple, to the point, and easy to understand. I watched so many KZread videos, read so many articles, had such a hard time understanding; but these videos are wonderful! I hope you make more videos.

  • @justussichinsambwe

    @justussichinsambwe

    Жыл бұрын

    Thanks

  • @faroutfunnycrazy8749
    @faroutfunnycrazy87493 жыл бұрын

    I came across this channel by mistake and watched, I found gold and I am watching these video's over and over again as I'm learning more, the other guy's that I watched talked about the same things but not so in depth, here...the time is taken to give quality education and my trading skills has started to improve, please do not stop these video's, great stuff.

  • @forsythe177
    @forsythe1775 жыл бұрын

    BOUGHT THE PROGRAM.. AFTER AN HOUR GOT INTO A TRADE... EARNED 100 DOLLARS... SWEEEEEET!!!!

  • @jonathans4649
    @jonathans46494 жыл бұрын

    I love how you actually go into the psychology of what causes the candles and how people are thinking, rather than just here is this so do that.

  • @thomasj7506
    @thomasj75062 жыл бұрын

    My guy, you teach all your topics like a kind of "trading Kung-fu" lesson. First you teach us different ways of punching and kicking, then you hit us with the combos. The final sections of your videos where you combine all the prior techniques are amazing. I hope I can just instinctually read a chart the way you do one day.

  • @reneex1464
    @reneex14643 жыл бұрын

    This has to be the MOST helpful candlestick video I’ve seen thus far!!

  • @centillion5733
    @centillion57334 жыл бұрын

    You're one of the best teachers I've found so far on youtube. I've enjoyed all of your content, and look forward to more of your future videos :).

  • @JacobYeboah123
    @JacobYeboah1235 жыл бұрын

    Just stumbled upon your channel and I'm hella glad, such great clear videos, love the animation/edits, very informative and helpful👌🏾

  • @DanielFlores-no9wc
    @DanielFlores-no9wc2 жыл бұрын

    Who else whatch these videos every single day jajaja

  • @britmiss-101
    @britmiss-1013 жыл бұрын

    I understood this content almost instantly. Applying this to my trading plan is going to help me massively. I am 3 months into active trading but this has helped me look at it from a whole new perspective. I now have a new strategy I can apply to my trading plan, focus on identifying these patterns. That's my study this week. So happy

  • @cloudlife6505
    @cloudlife65055 жыл бұрын

    This is an excellent and clear to understand tutorial. No mumbo-jumbo talk going on here. Every word was relevant! 3 thumbs up pal!!

  • @kp3509
    @kp35094 жыл бұрын

    One of the best videos, and straight to the point without talking nonsense. Thank you!

  • @winstagram1785
    @winstagram17853 жыл бұрын

    Best video I've seen BY FAR. The 13 minutes is deceiving because it's packed with so much clear/concise info. I'm extremely new to trading and candlesticks with about 4 days experience, but came from a pricing strategy/sales background for a wholesaler. Definitely will be checking out the rest of your videos.

  • @KonshiousOne
    @KonshiousOne3 жыл бұрын

    I didn't want to comment because the numbers of comments were 1,222 but I had to stop to say I'm appreciative of your teachings. You Make trading enjoyable.

  • @yuujiys9869
    @yuujiys98694 жыл бұрын

    It is extremely simple and good. In Japan, there is no trader who explains in this way. Thank you very much.

  • @hemantburman
    @hemantburman5 жыл бұрын

    This video changed the way I trade, traced today"s crude move just now using its contents. Bang on mark and covered all the missing points I was looking at for so many days . Works in all scripts .....I traded with Banknifty India, US crude and stocks worked all where. Nice work guys keep it up !!

  • @kaushikbaul3281
    @kaushikbaul3281 Жыл бұрын

    Never seen a youtube channel like your sir...true legend 🙏🙏❤️

  • @xlife642
    @xlife6422 жыл бұрын

    This platform finally taught me how to trade after roaming around and watching countless videos. Thank you very much.

  • @yavorm.7503
    @yavorm.75035 жыл бұрын

    I am astonished how well you explain this. I have deep respect for your style of teaching!

  • @kvjqxzz5905
    @kvjqxzz59055 жыл бұрын

    one of the better short candlestick summaries I have seen, thanks

  • @Franniesdiary
    @Franniesdiary4 жыл бұрын

    OMG who knew candlestick patterns could be so easy to interpret? Thank you for the clear straight to the point explanation.

  • @eminalopatyuk6812
    @eminalopatyuk68123 жыл бұрын

    Your channel is the best out there. I have eventually nailed down the candlestick patterns with your tutorial. Thank you so much.

  • @lilletom
    @lilletom4 жыл бұрын

    Your content/videos are among the best out there. Short, easy to understand, and professionaly made. Keep up the good work !!

  • @theoryof11
    @theoryof115 жыл бұрын

    OMG Thank you! Straight and clear to the point no B.S. or rambling on and on. Thank you again.

  • @bammylarsen1260
    @bammylarsen12604 жыл бұрын

    Don't underestimate Knowledge. It is GOLD!

  • @agentnumbers5237
    @agentnumbers52373 ай бұрын

    Seeing this video 4 years after you released it, still a high quality video. I have been struggling with price action and looked at other mentors, but you have explained it in such simple terms that I can understand it so well. I'm starting your videos from the very beginning to the most recent. I never had this explained like this, I am hooked in terms that I'm excited to learn from you. Also just bought your course. Thank you for being a great teacher!!!

  • @thabangtau6106
    @thabangtau61064 жыл бұрын

    Details, datails, details... Love how y'all break it down in details... Helpful

  • @Ana-ic4hh
    @Ana-ic4hh5 жыл бұрын

    The way you explain, makes me understand. Thank you for another great video 😃

  • @phannguyetnguyen8254
    @phannguyetnguyen82542 жыл бұрын

    Man, out of curiosity I click this video after watching another. You guys do it so well. Straight forward, simple word, great insight, text pops up just at the right moment.

  • @tralaman
    @tralaman4 жыл бұрын

    the world needs people like you

  • @shashwatjha9001
    @shashwatjha90013 жыл бұрын

    Hands down best ever candlestick video I have ever seen. This channel is GOLD

  • @alto4519
    @alto45195 жыл бұрын

    wow!!.. I've been watching a lot of candlestick analysis videos but only you could have explained the easiest way to read candles other videos I'm confused but here I understand clearly. Thank you for your wonderful explanation.

  • @hemantrk283
    @hemantrk2834 жыл бұрын

    Just can't let you stop such fantastic initiative. Pls make more videos, frequently. They are useful

  • @tamerganematrach1230
    @tamerganematrach12303 жыл бұрын

    i never commented b4 . IM a Beginner and i really looked for a guy like u who explain in so much details and simplicity !thanks keep it up Mate!

  • @Wysetrade

    @Wysetrade

    3 жыл бұрын

    👍👍

  • @authenticity3154
    @authenticity31544 жыл бұрын

    i can say, i'm in love with you're channel. please keep making more price action videos

  • @icopiki1
    @icopiki14 жыл бұрын

    Probably one of the best videos out there for candle sticks

  • @804AlbumReviews
    @804AlbumReviews Жыл бұрын

    So glad I found this channel. It's taking my understanding of chart analysis to a level that makes me way more comfortable trading. Very easy to follow and understand. Thanks and keep up the excellent work.

  • @codechick5257
    @codechick52573 жыл бұрын

    Such a clean presentation with perfect graphics and related descriptions. Please provide more content on using candlestick patterns to determine (as closely as possible) if the price action will continue to rise.

  • @TheVicdub
    @TheVicdub5 жыл бұрын

    What an AMAZING AMAZING video. You were so calm unlike other traders in explaining every detail slowly and calmly. Thanks a ton!

  • @nicolasdooman9495
    @nicolasdooman94953 жыл бұрын

    This guy is nuts on how good he explains it

  • @tinanaz4916
    @tinanaz49163 жыл бұрын

    Love the relaxed and calmness of your voice. As a new trader, I am still trying to understand this, I doubt that it can get any simpler than this but I’ll keep watching till I get it. Thank you for the amazing job !!

  • @ut561
    @ut5612 жыл бұрын

    really good video, not overly complicated, fairly easy to understand, no distracting backgrd music, and lastly no annoying inserted tv and movie clips, thanks for your hard work ;)

  • @josephmongi3198
    @josephmongi31984 жыл бұрын

    Very powerful video. Sorry can you make a video of to use Fibonacci retracementa??

  • @rapidrider390
    @rapidrider3905 жыл бұрын

    Very clear & crisp information about the candlestick patterns. Very helpful to spot good trade entries.

  • @mohdrehan423
    @mohdrehan4239 күн бұрын

    Hey, you are too good man I have seen your videos help a lot to understand candle sticks but I helped us to make a separate video on how we enter a day and weekly candle according to lower time frame confirmation. This would be very helpful to us and glad to see your response.

  • @t.4684
    @t.46844 жыл бұрын

    Yep, this makes total sense as i viewed another different vid prior this one and it said when to buy and sell just after you get the little stubby candle after the long candles and line of resistance. If your starting out as a rookie, trade low amounts like i do and watch the graph, you will automatically start to get the pattern system and you can also choose the best TIME of the day to trade by learning to read the graph patterns. As a rookie, it works for me most of the time.

  • @kurtfrancis6638
    @kurtfrancis66385 жыл бұрын

    Beautiful explanation to the various candle types wow, wow I am truly grateful sir. Great Job. You have a calm voice and I was able to grasp everything your mentioned. Thank you.

  • @symer1
    @symer14 жыл бұрын

    This is gold. Thank you for the invaluable advice

  • @StewartCoad
    @StewartCoad3 жыл бұрын

    Simple .... straight to the point ... no fluff ...., good presenter ... what more could you ask for ? ... well done, thank you, as ivi ive said this is like finding gold.

  • @nkosikhonamazongolo7337
    @nkosikhonamazongolo73373 жыл бұрын

    Wow this course... Simplified, clear and straightforward. Worth a billion dollars, thank you guys so much

  • @neil5611
    @neil56114 жыл бұрын

    Phenomenal Video!!!! Price action wasn't easy to understand for beginners until this video. This video is GOLD.

  • @silentvalleywildernesstour9312
    @silentvalleywildernesstour93124 жыл бұрын

    Your caption may also have been: "Listen to what the Candlestick whispers". You have a wonderful way of interpreting what a melee of Buyers & Sellers do while Share-mongering in the marketplace. Great work!

  • @daytonflyerr7608
    @daytonflyerr76083 жыл бұрын

    Videos like these are GOLD. Your elaborations and explanations are on point.

  • @houmanay6608
    @houmanay66084 жыл бұрын

    These are great content! I also would really appreciate it, if you could make a video about “dip-buying” and “bounce play”, since they’re many times tricky to identify and spot on a downward move, specially when there are not enough related key info available and they usually follow different concepts and produce different scenarios!

  • @isportsfan1692
    @isportsfan16925 жыл бұрын

    This is an excellent explanation of candlestick patterns,Thanks Wysetrade .

  • @RoyRope
    @RoyRope3 жыл бұрын

    Thank you for explaining the psychology behind it, really makes even more sense now.

  • @nomnom6871
    @nomnom68713 жыл бұрын

    Thank you sir... 1.shrinking candles 2.wicks sticking out 3.candle colour change 4.inside bar candle 5.momentum candle Its work for me in TF 5 minute

  • @cebolla7260
    @cebolla72602 жыл бұрын

    It just blows my mind that you're really out here giving free content like this and for that I'm truly grateful to have stumbled upon your channel. Believe me I'm going to share your channel with as many people as I can.

  • @Wysetrade

    @Wysetrade

    2 жыл бұрын

    👌👌

  • @GiuTor73
    @GiuTor735 жыл бұрын

    EXCELLENT video. Clear, concise, practical. PLEASE continue to make them! Your education really COUNTS. Billion thanks indeed!

  • @samuelikele2867
    @samuelikele28674 жыл бұрын

    Thanks for this video, i really enjoyed this.please i need more of this kind of teaching.

  • @Simpsanims
    @Simpsanims2 жыл бұрын

    Legend , absolutely,I'm never unsubscribing this channel , information ❤️ knowledge is Power

  • @dianfaradillahakbar4041
    @dianfaradillahakbar40414 жыл бұрын

    your explanation is really simple to understanding. thanks

  • @maheshpatil21984
    @maheshpatil219844 жыл бұрын

    Hey I have never commented to anyone videos till date ,I have watched many videos related stock market for years but after seeing your quality of content is amazing and well explained video is awesome ,thank man......looking more such learning video

  • @TheBGkickerz
    @TheBGkickerz5 жыл бұрын

    Your videos are amazing! Simple, clear, well edited and a pleasure to watch.

  • @financesolution350
    @financesolution3504 жыл бұрын

    You made me understand candlesticks better. Thank you. I love this channel

  • @dotastillthebest5474
    @dotastillthebest54743 жыл бұрын

    I always tried looking at patterns and predict what will happen, but noticed that only by trading with support and resistance can bring you great profits. I trade with support and resistance for a week now and had 200% account gain (always with 5-10x leverage). I now just look for breakouts or declines and wait for a decent confirmation signal.

  • @mrRobin6588
    @mrRobin65885 жыл бұрын

    Put a lot of things in perspective. Keep up the quality of content

  • @TropicalRegicide
    @TropicalRegicide3 жыл бұрын

    This is the best trading channel. Period!

  • @Chris-if3qi
    @Chris-if3qi2 жыл бұрын

    I have been watching your videos... Frankly, you're one of the best TA teachers out there. I really impressed on how you tie these concepts together in your video... neat and concise. Most professional traders are all over the place when they talk about these concepts. I would buy you a beer... or wine... etc

  • @chetanpatil7377
    @chetanpatil73772 жыл бұрын

    There is so much information in such a little video. Really dense!

  • @Nnamdis4
    @Nnamdis45 жыл бұрын

    you guys have improved my understanding of the market a lot. Thank you Wysetrade. I will like you to please make a video on hour to trade using H1 & H4

  • @aaronchristianmatic7079
    @aaronchristianmatic70794 жыл бұрын

    before watching this video i lost 8 of my last 10 trade.. ...and then all of a sudden, i won just 13 of my last 15 trades after watching this and by just following this video.... Got 90% success rate till now

  • @bisimj
    @bisimj Жыл бұрын

    The best technical analysis channel in KZread universe.

  • @Wysetrade

    @Wysetrade

    Жыл бұрын

    👌👌

  • @CoachPegasus
    @CoachPegasus3 жыл бұрын

    Love it ...this video explains mostly about the breakout and reversal at Resistance and support

  • @marcoamriano80
    @marcoamriano804 жыл бұрын

    Great great great video!!! I was looking for this during weeks and finally found it!!! thank you Wysetrade team!!!

  • @nrsanchez84
    @nrsanchez845 жыл бұрын

    Always great videos form this group. Thanks.

  • @cookeemonkeestudio9882
    @cookeemonkeestudio98823 жыл бұрын

    Love the way it is explained. simple and simplified

  • @louieis1337
    @louieis13373 жыл бұрын

    Learned a lot in all of your videos compared to the other 20+ videos from diff. channels I've watched on KZread.

  • @prosperityinmotion7665
    @prosperityinmotion76655 жыл бұрын

    This is a very high-quality tutorial. I'm proud to give a thumbs up. Thank you!

  • @MFXCenter786

    @MFXCenter786

    4 жыл бұрын

    It is. excellent content.

  • @wkhleb13
    @wkhleb135 жыл бұрын

    Simple and understandable video. Pls keep it up! 🙌🙌

  • @teachersaideco
    @teachersaideco2 жыл бұрын

    When you said this is just scratching the surface...I felt I have such a long wayyy to go. Tq tq for the wonderful videos & the lessons.

  • @nickqa
    @nickqa3 жыл бұрын

    Absolutely LOVE every video you make about price action! Just like this one 👌🏼👌🏼👌🏼

  • @justgoman8172
    @justgoman81725 жыл бұрын

    Best FX channel I've found on KZread. Thank you. Continue price action lessons and I would love to see a risk/reward video.

  • @charlieempire4392
    @charlieempire43924 жыл бұрын

    This video boast my morale... I'm getting more aggressive now, I'll watch study again and again till I can digest everything den start following u. I feel so plz here. Love from Nigeria Thanks Tutor

  • @DrDLL99
    @DrDLL994 жыл бұрын

    LOVE the examples. TY!!

  • @ninehundred418
    @ninehundred4182 жыл бұрын

    Nice! Grateful for the time and expertise injected into this. Well done Wysetrade!

  • @RicardoSilvaWalbatroz
    @RicardoSilvaWalbatroz5 жыл бұрын

    Thanks for the knowledge you're sharing! I never saw a video so clear. You explain the subject as a real JEDI MASTER!!! Loved it!!!! Please, keep posting!!!

  • @mdallamin5427
    @mdallamin54274 жыл бұрын

    I think this is the best tutorial of candlestick.

  • @BalasubramanyamJetty

    @BalasubramanyamJetty

    4 жыл бұрын

    Well said brother

  • @rubenw8017

    @rubenw8017

    4 жыл бұрын

    Yeah definitely

  • @WijthaGayan

    @WijthaGayan

    4 жыл бұрын

    yesh

  • @all_is_well8500

    @all_is_well8500

    4 жыл бұрын

    Facts

  • @Jamerican284

    @Jamerican284

    4 жыл бұрын

    I agree

  • @miguelrivera5967
    @miguelrivera59673 жыл бұрын

    Very concise! Keep it up! Discuss types of basic chart patterns as this will help beginners. Thanks!

  • @blueberryfreddy2432
    @blueberryfreddy24323 жыл бұрын

    Thanks for all the videos your are the only ones teaching it where is easy to understand

  • @trioculus5823
    @trioculus58235 жыл бұрын

    Such good information. Really clear explanations and reasoning. Keep it coming!

  • @claramembreno3472
    @claramembreno34723 жыл бұрын

    Great content! I would love to see supply and demand zones explanation and also more price action patterns to entry but overall Thank you for sharing such a valuable content!!

  • @paydat3772
    @paydat37723 жыл бұрын

    Precise and concise. Does not hold back information.