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These are the user uploaded subtitles that are being translated: 1 00:00:00.000 --> 00:00:14.400 Hello Traders, Welcome to my channel. 2 00:00:14.400 --> 00:00:18.280 Today I am going to show you how to trade its candlestick analysis. 3 00:00:18.280 --> 00:00:20.240 Let's start now. 4 00:00:20.240 --> 00:00:24.440 This is ERA HD chart, the trend is uptrend here. 5 00:00:24.440 --> 00:00:26.400 The minor trend is downtrend. 6 00:00:26.400 --> 00:00:30.279 I am going to conduct special classes if you are interested. 7 00:00:30.279 --> 00:00:34.080 You can find a restation link in the video description below. 8 00:00:34.080 --> 00:00:36.360 Let's start now. 9 00:00:36.360 --> 00:00:43.760 So here the trend is downtrend and the major trend is uptrend. 10 00:00:43.760 --> 00:00:45.519 So it's a level. 11 00:00:45.519 --> 00:00:51.599 From this point we are seeing reversal rejections, reversal every time. 12 00:00:51.600 --> 00:00:58.560 There is a level here as well. 13 00:00:58.560 --> 00:01:05.160 I am going to place a lower option trade. 14 00:01:05.160 --> 00:01:11.400 So I placed a lower option trade because you can see it's a reversal point. 15 00:01:11.400 --> 00:01:19.640 It reversed so many times from the same point here as well except here. 16 00:01:19.640 --> 00:01:25.120 So it reversed so many times from the same point there is a rejection and with compared 17 00:01:25.120 --> 00:01:27.920 to previous candle this candle is a weak candle. 18 00:01:27.920 --> 00:01:35.960 If this candle closes as a foolish candle like this we can expect here by its end. 19 00:01:35.960 --> 00:01:43.640 But it closed below this level with rejection means we can go with sellers only in the direction 20 00:01:43.640 --> 00:01:51.040 of the trend. 21 00:01:51.040 --> 00:01:59.920 So this is the next level and it's a break or can stick to. 22 00:01:59.920 --> 00:02:02.920 So there is a level here as well. 23 00:02:02.920 --> 00:02:11.760 So I am going to place a higher option trade. 24 00:02:11.760 --> 00:02:16.920 So I placed here a higher option trade because it's a level. 25 00:02:16.920 --> 00:02:21.880 It's a break or can stick, break out of this level and this level as well. 26 00:02:21.880 --> 00:02:26.519 It means the buyers may try to make a retracement can stick easily. 27 00:02:26.519 --> 00:02:38.600 That's why I placed here a higher option trade. 28 00:02:38.600 --> 00:03:03.840 I am going to place a lower option trade. 29 00:03:03.840 --> 00:03:09.080 So I placed a lower option trade because it's a trend line point this candle closed exactly 30 00:03:09.080 --> 00:03:14.280 below this level and the trend is a downtrend and there is a break or can stick means this 31 00:03:14.280 --> 00:03:17.800 candle might be a retracement can stick. 32 00:03:17.800 --> 00:03:21.920 That's why I placed here a lower option trade. 33 00:03:21.920 --> 00:03:50.519 So we can expect a downtrend till this point at least because it's a reversal point. 34 00:03:50.520 --> 00:03:52.240 So it's a reversal point. 35 00:03:52.240 --> 00:04:07.920 It reversed so many times from the same point. 36 00:04:07.920 --> 00:04:15.360 So there is a gap to this level and it's a reversal point and we are seeing green red 37 00:04:15.360 --> 00:04:16.360 pattern. 38 00:04:16.360 --> 00:04:22.760 So it may be a pull-ish candle too so better to avoid to trade on this candle. 39 00:04:22.760 --> 00:04:46.320 So after this candle I will place my trade. 40 00:04:46.320 --> 00:04:48.680 So you can see it's a reversal point. 41 00:04:48.680 --> 00:04:57.719 The market reversed so many times from the same point but here we are seeing a high value 42 00:04:57.719 --> 00:05:01.680 market but there is a rejection. 43 00:05:01.680 --> 00:05:04.960 So I placed here a higher option trade because there is a rejection. 44 00:05:04.960 --> 00:05:06.480 It's a reversal point. 45 00:05:06.480 --> 00:05:11.159 That's why we are seeing this type of retracement can stick. 46 00:05:11.160 --> 00:05:17.800 In the past story it's a low value market but here we are seeing so many reversals means 47 00:05:17.800 --> 00:05:23.400 we can expect a retracement can stick here because of this rejection it's a reversal 48 00:05:23.400 --> 00:05:24.400 point. 49 00:05:24.400 --> 00:05:42.239 That's why I placed here a higher option trade. 50 00:05:42.240 --> 00:06:09.320 So at least for one minute we can expect here a pull-ish candle. 51 00:06:09.320 --> 00:06:16.440 So I placed here a higher option trade because I am seeing a pull-ish candle and the next 52 00:06:16.440 --> 00:06:18.120 reversal point is here actually. 53 00:06:18.120 --> 00:06:21.159 You can see it's a reversal point. 54 00:06:21.159 --> 00:06:29.440 It means the market may try to make another retracement can stick easily here. 55 00:06:29.440 --> 00:06:33.039 That's why I placed here a higher option trade. 56 00:06:33.039 --> 00:06:36.920 Let's see what happens here. 57 00:06:36.920 --> 00:06:49.840 So after this retracement can stick we can go with sellers. 58 00:06:49.840 --> 00:07:02.600 It's a pull-ish candle. 59 00:07:02.600 --> 00:07:13.160 So it closed at this reversal point means we can expect now a pull-ish candle. 60 00:07:13.160 --> 00:07:17.440 So we can expect now a pull-ish candle because it's a reversal point in the direction of 61 00:07:17.440 --> 00:07:18.440 the trade. 62 00:07:18.440 --> 00:07:19.960 You can see there is a pull-ish candle. 63 00:07:19.960 --> 00:07:24.160 So I placed five trades. 64 00:07:24.160 --> 00:07:31.640 This is my first trade because it's a retracement can stick and the trade is a down trade and 65 00:07:31.640 --> 00:07:32.640 the next level is here. 66 00:07:32.640 --> 00:07:39.240 That's why I placed here a lower option trade and this is my second trade because of this 67 00:07:39.240 --> 00:07:41.880 break-out can stick. 68 00:07:41.880 --> 00:07:48.320 Because of this break-out and because of this break-out I placed here a higher option trade 69 00:07:48.320 --> 00:07:55.320 and this is my third trade because this candle closed at the level. 70 00:07:55.320 --> 00:07:57.320 It's a continuation of the break-out. 71 00:07:57.320 --> 00:08:04.719 So I placed here a lower option trade and this is my fourth trade because it's a reversal 72 00:08:04.719 --> 00:08:05.719 point. 73 00:08:05.719 --> 00:08:06.719 Previously it's a reversal point. 74 00:08:06.719 --> 00:08:12.719 That's why we are seeing retracement can sticks here and there is a rejection to that's why 75 00:08:12.719 --> 00:08:18.120 I placed here a higher option trade and this is my last trade because of this candle and 76 00:08:18.120 --> 00:08:25.120 the next reversal point is here means we can expect another retracement can stick. 77 00:08:25.120 --> 00:08:31.120 That's why I placed here a higher option because it's a reversal point from this reversal point. 78 00:08:31.120 --> 00:08:36.320 The next reversal point is here means buyers will try to fill this gap. 79 00:08:36.320 --> 00:08:40.120 Then the sellers may enter like this. 80 00:08:40.120 --> 00:08:43.720 That's why I placed here a higher option trade. 81 00:08:43.720 --> 00:08:47.960 So always trade in the direction of trade and absorb everything. 82 00:08:47.960 --> 00:08:52.240 Try to absorb the post-history like this too. 83 00:08:52.240 --> 00:08:59.240 Then you will get some levels to trade against the trend. 84 00:08:59.240 --> 00:09:03.240 If you don't get any level try to move with the trend. 85 00:09:03.240 --> 00:09:06.240 Thank you for watching my video. 86 00:09:06.240 --> 00:09:30.240 I will see you in the next video. 8090

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