Module 4 – Candlestick Charts

Name of Course- Candlestick Charts About Instructor-Mr Anupam Shukla (Certified Technical Analyst, F&O Strategist, Currency Derivative Strategist ,Research Analyst) Duration of Course– Three Months (All four modules of Foundation Course- intraday Trading Pro-Master Trader Foundation Course) Level-Basic Prerequisite-Will to learn with discipline TNA-NA Methodology-Offline/Online Classes/Concept Classes/Practicals Assessment-Worksheets Course Material-Workbook Course Fee-INR29999/(Total Fees of Foundation Course Intraday Trading includes All 4 Modules) Coupon Code-For True knowledge seekers will get on your phone number Discounted Fees-INR24999/(with Coupon Code) Certification of Completion-Certificate will be given on completion of course

Course Outline

Module 4 – Candlestick Charts Introduction to Candlestick Charts: History and origin of candlestick charts. Basic components of a candlestick: body, wick (shadow), and colour. Candlestick Types: Bullish and bearish candles: identifying green (bullish) and red (bearish) candles. Long and short candles: understanding the length of the body and wicks. Doji: characteristics and interpretation of various types of doji candles. Reversal Patterns: Hammer and hanging man: identification, significance, and Interpretation. Shooting star and inverted hammer: recognition and interpretation. Engulfing patterns: bullish and bearish engulfing patterns and their implications. Morning star and evening star: understanding the formation and Interpretation. Continuation Patterns: Bullish and bearish marubozu: characteristics and implications. Three white soldiers and three black crows: recognition and Interpretation. Rising and falling three methods: understanding the formation and significance. Flag and pennant patterns: identifying and trading these continuation patterns. Multiple Candlestick Patterns: Tweezer tops and bottoms: recognizing and interpreting tweezer formations. Three inside up and three inside down: identification and implications. Three-line strike: understanding the formation and significance. Abandoned baby: recognizing and interpreting this rare reversal pattern. Candlestick Terms and Concepts: Support and resistance levels: how candlesticks can help identify these key levels. Bullish and bearish engulfing: understanding the significance of these patterns. Harami pattern: recognition and interpretation. Dark cloud cover and piercing pattern: characteristics and implications. Hanging man and shooting star: distinguishing between these two similar patterns. Morning star and evening star: recognizing and interpreting these reversal formations. Practical Application and Strategies: Combining candlestick patterns with other technical indicators. Incorporating candlestick analysis into a trading strategy. Using candlestick patterns for entry and exit signals. Risk management techniques specific to candlestick analysis. Note-The course will be modified regularly to meet Regulatory Body &Industry Standards