Pola Candlestick#1 || Candlestick Pattern You Must Know! #1 [ENG SUB] - YouTube

Channel: Wijaya Trading

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Good afternoon all trader's friends, meet again with Wijaya trading, for this opportunity we will discuss about candlestick patterns,
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where each subject we submit to friends to note if necessary later will be copied on your Android or on your laptop
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so that someday the pattern we learn appears in MetaTrader,
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we can take an action taking a decision that the market going forward or the candle going forward will later rise or fall
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Well, before we get to the next point, please click on like and subscribe, please share with other friends to share information
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We begin by discussing candlestick patterns that we have prepared in summary like this,
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as we have previously discussed that the characteristics of each candle are very different
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and we have examined briefly about the characteristics of the candle patterns
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this time we will discuss more deeply the other patterns that we have never learned before
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please note that bullish in this trading language is a candle up or buy then if bearish means down or sell
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so later if there is a bullish term means buy and bearish means down or sell
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let's discuss the first candle pattern which is bullish engulfing
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So if there is a bearish candle pattern like this, then followed by a bullish candle like this ,
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if we combine it will form a candle pattern like this, so that if we draw a dotted line like this,
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then we pull the top end of the tail as well, the upper body is pulled it will be like this. Become a volume like this
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while the bottom becomes a tail like this. this is what is called a hammer pattern.
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So bullish engulfing that we learn here
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there is a bearish candle which is then followed by a longer bullish candle, then when combined, it will become a hammer
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conversely, if there is a bullish candle followed by a longer bearish candle
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then when combined will form a shooting star pattern which means a reversal down
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while this one will reverse up
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The next is three white soldier or three green soldier
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Three
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candles in line
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in a row
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almost
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sequentially, almost the same
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If this is bullish
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so it aims up, going higher, then
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this equals as
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one big bullish candle
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Otherwise, for bearish
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descending with times
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sequentially, then
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we can pull
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a line like this, it'll be the big strength
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bearish strength
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Next
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Now piercing bullish, like this, the pattern
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Long bearish, then
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there's a bullish
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long too, a climbdown
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so it's lower
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Then if we pull
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become a hammer too, this is trend up
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Next, piercing bearish
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become an inverted hammer
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If at first it was
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bearish, this is started by bullish first
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then followed by higher bearish
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we draw a dotted line
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This is trend down
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Then dark cloud cover
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Like this, almost the same, the difference is
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higher
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square, if we draw a dotted line
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the volume is higher
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the tail is longer too
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it will make a shooting star
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Next is
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bullish harami pattern
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harami
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bullish
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The trend is up too
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If we see
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models like this, there's a bearish
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high bearish, then followed by bullish
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half of
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the bearish, then this
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the tail is almost the same
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then there's a confirmation candle again
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the next is still
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buy candle, then we can make sure that
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this will be a trend up
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Don't ignore it, things like this, because
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this is a potential
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of trend up, in the next candles
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Next, still harami
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there's a
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trend down
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then this is
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a gap, distance
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the number 2 is bearish, down, long bearish
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This is trend down, then long bearish
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There's a gap, this becomes bullish, up
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Then
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in the next candles, it will make
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a pattern
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of trend up
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like this
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Later you can
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do analysis, then
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use this as measurement or consideration
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for our trend up
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Next is
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bullish candle
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small bearish, the one before was bullish, this one
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is bearish
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This is trend up, then reaches the peak, then there's
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a bearish is formed below
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Then there's
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a confirmation candle
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the confirmation is bearish too, then
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the trend, or next candle potential
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is descending, or bearish again
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Harami pattern is like this
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This is bearish
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This
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at first it was bullish, then
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followed by half bearish like this, then it's a trend down
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Otherwise, this is trend up
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Then tweezer bottom
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Let's see
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the pattern is like this, two, in a row
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opposing each other, then the trend is following the last one
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Pay attention, we can observe it in details
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Next is morning doji star
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The pattern is like this
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If there's a bearish, then
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there's a small bullish, lower, then there's another confirmation
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bullish again, then we can make sure that the trend will go up
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Or like this. If not a full candle, then a form of doji is made
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Next is three inside up
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Three inside up
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A bearish, then
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the bullish is half of it, or lower
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lower, but there's a next candle that could equal it, this even higher than the bearish
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Then the potential is continuing to go up
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Then there's evening doji star, like this
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Pay attention, the trend is down
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Three inside down
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The direction is going down
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and so on. Later, you can learn more details. I just do the outline
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Like this, there's a bullish engulfing
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The pattern is like this, then the potential is going up, bullish
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For this one, the potential is going down
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This one is neutral, then this one's still descending, bearish
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This is up
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This one is depends
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This one
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the potential is up too
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There's a down too, depends on the strengthening candle, or the term is confirmation candle
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This is doji
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This is neutral. For this one, reversal up. While this one is reversal down
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This is hanging man, hammer, it's like this. So, the tail is long and at the peak end of a trend
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Then it will
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the next trend is
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the opposing one. If at first it's a trend down, then this will be a trend up
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Become the opposition
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The same goes for hanging man
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Hanging man is the opposite, if this is a trend up, then a hammer made
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There's a volume, tail, long, but it's inside, not outside. For this one, it's outside, at the bottom end
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For this one, at the top end, it means the market will reverse down
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If this
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at the bottom, inside, then it'll continue to go down
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There's a bullish, then there's a doji. There's a confirmation candle of going down, then it'll continue descending
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This is hammer, hanging man
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Inverted hammer, the opposite of hammer
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If hammer, the trend will go the opposite way, or reversal
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If this one, continue, because it's inside
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Shooting star is going the opposite direction, too
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From a trend up, there a shooting star, like this, at the top end, outside, then the trend will go down
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You can see it yourself
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We serve this
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models of candlestick patterns that we often see
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From the start, say this is after uptrend, so this is after a trend up, then there's
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There's a neutral, neutral doji, then continued by a confirmation of bearish, then it'll descend
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This is called spinning tops
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Inverted hammer
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the trend is down, then there's this one
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Then it'll be a trend down, because the tail is above
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and so on.
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Then we knowing the doji. We'll talk about doji
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But since our time is limited, we'll continue it on the next session
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Thank you
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Good afternoon and don't forget to click like and subscribe