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Hello, guys.
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You're welcome to this video.
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In this video, we'll be showing you how to shred a downtrend in markets.
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I'll be showing you how to set a downtrend in market.
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We said in a in a downtrend in markets, the market moves downwards.
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Okay.
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And it creates lower lows and lower highs.
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So because the trend is going down, which we only need to sell in direction of the trend, because
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the trend is going downwards, we only need to sell in the direction of descent.
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We also said that in a downtrend in markets, the lower low is the support, the lower low serves other
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support and the lower highs is also the resistance.
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Okay.
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We also say that in a downtrend in markets, the lower low support and the lower high is the resistance.
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So in a downtrend in markets, we only focus to sell as the resistance area.
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The only focus to sell the resistance area in the direction of the trend.
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Okay.
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So on the screen, you can see that I I've already drawn an example representing a downtrend in markets.
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Okay.
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Now, here you find the market is making lower lows and lower highs, lower lows and lower highs, low
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values and lower highs.
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Is Christine saying swings and pullbacks in the direction of the trend is creating strengths and pullbacks
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to the downside?
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Okay.
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Now, this black area here, this black line here.
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At these lower high saps as the resistance area and then back in a downtrend in markets.
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The low high is also a distant area.
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Yes, there is that area.
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Then the lower low serves as the support area here for the market sell from here.
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It brought this low value.
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Once a support area is broken, the the market goes back to test that area as the resist after resistance
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area.
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So the markets broke this support area, this Lulu here, which is also the support area.
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Look, I created a new low at low here, which is a new support area.
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Okay.
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Now, after creating this new low value here, which is a new support area.
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The market pulled back to the area of the previously broken support area, which has not done to resistance.
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Okay.
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To test before going down in direction of the trend.
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So someone that wants to enter this market into these resistance areas get deeper and tougher, sell
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this resistance area.
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And with the person entering, the markets are going down again.
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And it's broke this low out of here.
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Once the market breaks this, Lulu, it comes down to create another new Lulu, which is another new
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support areas.
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Okay.
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And was included this new support in the market both back to the area of the previously broken lower
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low, which is also a broken support area which has not done to resistance to tests like was the market
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come to that area to test the good folks to the we look for an opportunity to sell in direction of the
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trend depression and task for sell all this resistance area and the market is sagging downwards here.
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The market went downwards and broke these low value here, which is also a support zone.
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Was the market breadth this opposition.
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It comes down to this area to form another new low value, which is also a new support zone.
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Before going back to the upside to test the area of the previously broken supports zone as resistance
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Mumbai went in support area is broken.
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The market goes back to this as resistance.
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Once it gets to that area, it test as resistance.
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So on that moves what he's doing and so at this support areas are this resistance in a sorry and tougher
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sell at this resistant area.
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The markets that going down with indication of the trend broke these low values again which is also
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a support area and came down here to form another new support area.
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He came down here to form a new support area before, went upwards again to test the area of the previously
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broken support, which has not done to resistant before continuation of the chain to the downside.
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Okay, so since this market is going downwards, what do we do?
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We only sell at these resistant areas.
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We only sell at this resistance areas.
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So our only focus is to sell at these areas.
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These are just don't use this as I do the arrows.
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This arrows.
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Those are the areas we are focusing on.
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Okay.
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All the markers up comes down.
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Sampson Lovullo pulls back to that area.
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That is the area we looked at.
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So okay, all down again.
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Hamdani Lovullo We're back to the area of the previously broken lovullo to disaster resistant.
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This is the area we are looking to and asset to the downside.
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If I sell the market, come down great.
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And our new lovullo here and who's about to be able to previously broken lovullo to this assistant.
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This is also the area we looked at that we looked into.
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I said on these lower highs, on these resistance areas.
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Okay, so let me let me let me draw this again.
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Okay.
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The to the markets, the market could lose lose on lower highs to the downside, low values and lower
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highs.
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Okay shrinks are pullbacks in the downside.
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I remember the lower lows in a down to the market is also a support area.
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Okay.
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And the lower highs source as resistant area.
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So here the market comes down and created a new low value from the new low value, which is a support
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area.
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Okay.
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And goes back to this lower high, which is the resistant area to test.
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Okay.
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This is the area this resistance area is lower.
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High is the place we look to enter our trade for a sell.
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Okay.
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And plus our stop loss above the resistance area and above the price we place our stop loss over here.
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And so somewhere here you see the markets are going downwards.
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Okay, breadth this low value here and forms a new low value here.
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Okay.
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Once this new low value is formed, this is our new support area.
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Okay?
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These are new support area.
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After creating this low value, the market pulled back to the area of the previously broken low value
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to test as resistance and to form a new low.
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A high.
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Okay, was it goes back to that area to test as resistance this area will look to sell again in direction
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of this trend, the trend is going downwards.
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So therefore we have to sell.
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Okay, now once we enter the shed here for us so we place our stop loss I both these resistance areas
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to the downside okay these are resistant areas.
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Replace our stop loss above them.
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Find the markets that are going down which broke this low value here as forms a new low out of here,
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which is also a new support area.
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Okay.
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After creating this.
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Lovato here, the markets pulled back to the area of this previously broken low value, this previously
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broken support area to this as resistance was exhausted, that area to test as resistance will be looking
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to enter our trade.
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This area these zones.
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Look I once who once you find out that there's a candlestick signal we can look for candlestick signals
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like engulfing condos and theme bars are these are resistant areas okay so let's assume a candlestick
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signal forms is an engulfing candle forms here a bearish engulfing condor.
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Okay and that occurred to the downside for the sell off and place stop loss above the resistance area.
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Okay.
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The market now going downwards created a new low low a new low value here and also formed a new supported
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by the low values south.
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Add the support and downtrend in market so was this low value is formed here.
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The market pulls back to the area of this previously broken support area to test US resistance.
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Okay.
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Once it comes at this resistance we are looking to sell, we look for another candlestick signal here,
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maybe an engulfing candle.
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If you buy a doji, you can also look for chart patterns.
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You can look for patterns, you can look for tabletop patterns.
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You can look for head and shoulders patterns.
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Okay.
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Once the patterns or the Candlestick Candle has finished forming at Resource, we enter our trade for
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a sell to the downside.
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Okay, so having said that guys, remember we only sell in a downtrend in market.
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So let's go to the forex charts so that I can show you one or two examples on the forex set.
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So here the charts we are on is CHF.
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You are delicious.
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As you can see here, the market this market is creating low values and lower highs to the downside.
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This market is in a pure downtrend.
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Okay.
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Creating strengths and pullbacks to the downside.
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Creating swings and pullbacks in downside.
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No algo here.
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Nor a high.
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No.
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I live here.
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And Noah.
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Hi.
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Okay.
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This are.
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Are very, very easy to spot on the forex charts.
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In my case, it's good to know I lose on the highs here.
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It's creating low values and lower highs.
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Okay.
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So what do we do next?
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You've seen that this market is in a pure downtrend.
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We now know that the only thing we have to do in a downturn in the market is to sell at the resistant
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areas.
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The key here, the lower lows.
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The support areas.
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Okay.
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While the lower house addresses that area on was a support area is broken.
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The price comes back to this -- resistant area.
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I was and is this area is Brooklyn.
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The price comes down to this I support.
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So in a downtrend the market will be looking to sell at the resistance areas.
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I will look for the support to be broken and we wait for price to go back to the area of the broker
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who supported this US resistance before we enter our trade to the downside.
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So here the market formed in the value here which is a support area.
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Okay.
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And went upward put back to form a lower and lower high here, which is in a distant area.
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Okay.
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Okay.
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So we enter this also somewhere here after I seen maybe an engulfing candle pattern and engulfing candlestick
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signal or a chat pattern like the PMA or a chart pattern like the double, double or triple tops, all
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engulfing candles.
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Okay.
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Now the markets went downwards to create a new low value here, which is also a new support area.
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Okay.
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So after creating this low value here, the markets went up to this area of the previously broken support
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area and again to us resistance to this as resistance at this area.
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Okay.
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If you can check very well.
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If I want the market, go to this area.
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You created a pin bar somewhere here.
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So once you see that it has formed, that is a candlestick signal for you to sell.
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So let's as you enter this trade to the downside somewhere here after the formation of this.
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After the formation of this team by here, okay.
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After the formation of this island for a cell.
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And I placed my Stop-Loss above the above resistance area somewhere here and thought so if this matter
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started going downwards in my favor.
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Okay.
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I would have met like mad peeps here.
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Okay.
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Maybe like 568 peeps would have been men.
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And that's a huge amount of money.
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Okay, now, this meeting after going down to the down side, broke this support area, broke this low
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value here or this support area, came down here, created a new low value, which is also a new support
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area here.
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Okay.
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Now, after coming down to create two thirds support area and to create a new low value, the market
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pulled back to the area of this previously broken support area to test us resistant.
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Okay.
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This time around, the market went above this resistant area and also was coming back.
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Can see here that the market created an engulfing candle.
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This is a very, very big candle.
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Okay.
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Enter.
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As you entered after the formation of this big candle here, this big red candle here.
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Okay.
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And I placed my stop loss
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above this lower highs, above this resistance area for you.
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So far, this market are going downwards, going down.
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And that is the market has moved in my direction and that means I've made some money out of this move.
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Okay.
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So the market link's going down, broke this this low value here, which is a support area, and it
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created a new low value here, which is a new support area to look at a new low value here.
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We saw new support area.
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After creating this low value, the market pulled back to the area of this previously broken support
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area to test as resistant.
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Okay.
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So we're looking for a candlestick formation to form at this these areas for us to sell this market.
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Okay.
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So I see here that is something like a doji here and that may maybe after the formation of this doji
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for a sell.
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Okay.
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So this this market and I would uplift my stop loss above this resistance zone.
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Okay.
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Finally, after selling, the markets are going down with the key going down, which broke this support,
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this low value.
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Okay.
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And created a new low value, which is also our new support area.
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Okay.
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I remember that was was a support area is broken.
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The market goes back to this astro resistance.
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So this support area here was broken.
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Okay.
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And the markets created a new low and low here.
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I went back to the area of this previously broken support area to test US resistance.
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00:17:27,320 --> 00:17:29,400
Okay, so what?
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00:17:29,400 --> 00:17:31,680
The market comes to this resistance area.
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00:17:32,250 --> 00:17:42,180
We will be waiting for a candlestick formation or a charts button, something like a double top if you
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00:17:42,180 --> 00:17:43,380
put up or ahead.
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00:17:43,380 --> 00:17:49,890
I showed after the formation, after confirming the formation of these signals, we enter for a sell
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00:17:49,890 --> 00:17:59,160
to the downside and we placed our stop loss above the our water resistance area.
251
00:17:59,520 --> 00:17:59,910
Okay.
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00:18:00,570 --> 00:18:03,900
On five, that's after entering first I hit the markets.
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00:18:03,900 --> 00:18:05,970
Now today going down.
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00:18:06,000 --> 00:18:06,450
What.
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00:18:06,750 --> 00:18:13,650
Okay so that is how we should in a downtrend in markets that is hot this Richard in a downtrend in market
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00:18:14,400 --> 00:18:19,740
the only focus at the resistance area the only focus at the lower highs.
257
00:18:19,780 --> 00:18:21,510
You're just onto the lower highs.
258
00:18:21,510 --> 00:18:27,780
I just want a on a downtrend the market we focus at the lower high one the market comes to that lower
259
00:18:27,780 --> 00:18:29,580
high to death as resistance.
260
00:18:30,030 --> 00:18:39,470
We wait for a candlestick formation, a candlestick pattern, maybe an engulfing candle, a pin bar.
261
00:18:40,130 --> 00:18:40,470
Okay.
262
00:18:41,220 --> 00:18:44,100
Also with for each hot button it on the top.
263
00:18:46,320 --> 00:18:53,880
If they put top head on showed a pattern before entering the trade for a sell in direction of the trend.
264
00:18:54,090 --> 00:18:54,450
Okay.
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00:18:55,170 --> 00:18:57,450
So this and that is important.
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00:18:57,450 --> 00:18:58,890
Let me show you one more example.
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00:18:59,700 --> 00:19:02,800
This is this is a.
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00:19:03,040 --> 00:19:10,960
USD and you can see that this market is in a pure downtrend, creating lower blues and lower highs to
269
00:19:10,960 --> 00:19:11,920
the downside.
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00:19:11,950 --> 00:19:13,390
So the market style from here.
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00:19:14,450 --> 00:19:15,040
Myself.
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00:19:15,050 --> 00:19:15,410
I'm here.
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00:19:15,410 --> 00:19:17,690
Credit lovullo, which is.
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00:19:19,420 --> 00:19:21,910
A support area, which is a support area.
275
00:19:23,200 --> 00:19:29,050
Brittany Latvala with the support area, underwent AAB to create a lower high, which is a distant area.
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00:19:29,530 --> 00:19:36,570
Okay, so after the market has pushed this resistance area, which is a lower high, there is a candlestick
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00:19:36,610 --> 00:19:37,960
information that formed here.
278
00:19:38,560 --> 00:19:41,500
Okay, this and the engulfing kind over here.
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00:19:41,980 --> 00:19:47,380
So after seeing this engulfing car only, do you enter for yourself to the downside?
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00:19:47,570 --> 00:19:49,960
The market is going in your direction.
281
00:19:50,540 --> 00:19:50,830
Okay.
282
00:19:51,250 --> 00:19:53,710
The market went down, was broke.
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00:19:53,710 --> 00:19:55,030
This low value here.
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00:19:55,360 --> 00:19:56,830
Look, this support area.
285
00:19:57,010 --> 00:19:58,740
This previous this support area.
286
00:19:58,750 --> 00:20:02,320
And created a new low value here, which is our new support area.
287
00:20:03,160 --> 00:20:06,190
This new low value here is our new support area.
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00:20:06,500 --> 00:20:14,560
Well, market out then after touching it in this new low value here, the market went up to this area
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00:20:14,560 --> 00:20:18,370
of the previously broken support area to test US resistance.
290
00:20:18,910 --> 00:20:25,060
So once the market comes to this area to discuss resistance with for candlestick signal to enter the
291
00:20:25,060 --> 00:20:26,010
trade for itself.
292
00:20:26,280 --> 00:20:32,680
Okay we see here you see that the ACP buy here and there's another cycle signal here which is an bearish
293
00:20:32,680 --> 00:20:33,610
engulfing candle.
294
00:20:34,030 --> 00:20:40,750
So after the formation of this bearish engulfing candle, you can enter your trade for yourself to the
295
00:20:40,750 --> 00:20:41,320
downside.
296
00:20:41,920 --> 00:20:42,310
Okay.
297
00:20:42,790 --> 00:20:47,830
Now the markets are going down after we have interpreted to the downside.
298
00:20:48,220 --> 00:20:52,210
My contract going down, I broke this support area I was in.
299
00:20:52,210 --> 00:20:53,550
Support area is broken.
300
00:20:53,560 --> 00:20:56,470
The market goes back to that area to test as resistant.
301
00:20:56,890 --> 00:20:57,250
Okay.
302
00:20:57,700 --> 00:20:59,440
The market broke the support area.
303
00:21:00,530 --> 00:21:07,710
The biggest support area here came down to displace this area to formed a new low value, which is a
304
00:21:07,730 --> 00:21:10,250
new support area.
305
00:21:10,640 --> 00:21:17,750
So after creating this low value here, the market pulled back, pulled back to this area of the previously
306
00:21:17,750 --> 00:21:20,060
broken support area to this US resistance.
307
00:21:20,390 --> 00:21:20,720
Okay.
308
00:21:20,840 --> 00:21:25,820
What the market comes to this place to test as resistance, you find out that this market.
309
00:21:26,390 --> 00:21:29,120
That is a rejection in this area.
310
00:21:29,690 --> 00:21:30,050
Okay.
311
00:21:30,180 --> 00:21:33,080
Find out there's a candlestick formation at this air.
312
00:21:33,680 --> 00:21:34,050
Okay.
313
00:21:34,070 --> 00:21:36,650
And there is also an engulfing candles over here.
314
00:21:36,680 --> 00:21:43,790
So after seeing the formation of this engulfing candle, that is a signal that you have to enter for
315
00:21:43,790 --> 00:21:44,210
yourself.
316
00:21:44,560 --> 00:21:44,840
Okay.
317
00:21:45,170 --> 00:21:46,400
Well, into this market.
318
00:21:46,580 --> 00:21:53,810
So you find that these markets are going downwards, struggling downwards and even broke this support
319
00:21:53,810 --> 00:21:56,630
areas like improve broke that support area.
320
00:21:57,700 --> 00:22:03,850
Created a new novelty, which is our new support area, and went back to the area of the previously
321
00:22:03,850 --> 00:22:07,660
broken support area to test US resistance one more time.
322
00:22:08,000 --> 00:22:08,290
Okay.
323
00:22:08,500 --> 00:22:10,870
Was it go to this area to test us resistant?
324
00:22:11,350 --> 00:22:17,310
These are the as we are focusing on to sell this market in direction of descent.
325
00:22:17,860 --> 00:22:18,250
Okay.
326
00:22:18,760 --> 00:22:20,710
So once the market comes to this area.
327
00:22:21,850 --> 00:22:25,330
You can see that there information here it doji.
328
00:22:25,750 --> 00:22:26,020
Okay.
329
00:22:26,290 --> 00:22:29,500
You can enter after the formation of the doji to the downside.
330
00:22:29,950 --> 00:22:30,340
Okay.
331
00:22:30,610 --> 00:22:34,930
And you can place your stop loss above the resistance areas.
332
00:22:35,890 --> 00:22:38,080
Place a stop loss above the lower highs.
333
00:22:38,110 --> 00:22:38,470
Okay.
334
00:22:38,860 --> 00:22:43,660
Now, after entering this trade, after the formation of this Doji, we entered the straight to the
335
00:22:43,660 --> 00:22:44,110
downside.
336
00:22:44,600 --> 00:22:47,290
The market went down, was broke.
337
00:22:47,500 --> 00:22:56,020
There's no value here, which is our support area, and came here to form a new low value.
338
00:22:56,030 --> 00:22:56,710
So we are here.
339
00:22:57,430 --> 00:22:57,750
Okay.
340
00:22:57,760 --> 00:23:01,510
Calm down to form a new low value here, which is a new support area.
341
00:23:01,990 --> 00:23:08,500
After creating these new low value, the markets went back to the area of the previously broken low
342
00:23:08,500 --> 00:23:13,690
value, went back to the area of the previously broken support area to test US resistance.
343
00:23:14,020 --> 00:23:15,640
Okay, it was a go to this area.
344
00:23:16,010 --> 00:23:19,780
If there is a contested formation here, you will.
345
00:23:19,780 --> 00:23:21,920
You have to wait for a contrasting formation.
346
00:23:21,940 --> 00:23:22,300
Okay.
347
00:23:22,660 --> 00:23:25,750
So here a team bar candlestick formed here.
348
00:23:25,900 --> 00:23:32,140
So after the formation of this view by candlestick, you can enter your trade for so to the downside.
349
00:23:32,800 --> 00:23:33,220
Okay.
350
00:23:33,250 --> 00:23:42,010
And once you enter trade for a sell to the downside, you can place your stop loss, both these lower
351
00:23:42,010 --> 00:23:42,490
highs.
352
00:23:42,730 --> 00:23:50,140
You can place your stop loss above this resistance area as complaints of loss above these lower highs.
353
00:23:50,180 --> 00:23:51,420
Look for a sell.
354
00:23:52,090 --> 00:23:53,770
The market went downwards.
355
00:23:53,920 --> 00:24:00,600
Okay, so you only focus on these lower highs to sell in a downtrend the market.
356
00:24:00,610 --> 00:24:02,260
You focus on the lower highs.
357
00:24:02,260 --> 00:24:04,150
You focus on this resistance areas.
358
00:24:04,740 --> 00:24:04,960
Okay.
359
00:24:04,970 --> 00:24:10,810
All the market press in the value and pulls back to create a new low a high.
360
00:24:10,870 --> 00:24:17,200
Those lower highs are where you will be targeting to enter your trade in direction of the downtrend.
361
00:24:17,650 --> 00:24:25,960
So once the market forms a new lower high and shows a candlestick signal, you have to wait for a candlestick
362
00:24:25,960 --> 00:24:26,410
signal.
363
00:24:27,130 --> 00:24:27,590
Okay.
364
00:24:27,610 --> 00:24:29,500
You have to wait for the candlestick signal.
365
00:24:29,710 --> 00:24:35,550
Once the market goes to that place puts a new lower high which were candlestick signal.
366
00:24:35,860 --> 00:24:40,450
The wait for a kind of signal like engulfing candle pin bars.
367
00:24:40,830 --> 00:24:41,130
Okay.
368
00:24:41,260 --> 00:24:47,140
After the formation of that candle, you can enter your tread in direction of that trend.
369
00:24:47,440 --> 00:24:48,780
Okay, this.
370
00:24:49,570 --> 00:24:51,430
This will stop for this video, guys.
371
00:24:52,840 --> 00:24:54,850
I'll see you guys in the next video.
372
00:24:55,120 --> 00:25:02,350
So if you don't understand what I'm saying in this video, I recommend you watch this video over and
373
00:25:02,350 --> 00:25:04,930
over again on you.
374
00:25:04,930 --> 00:25:06,730
Understand what I'm trying to say.
375
00:25:07,210 --> 00:25:08,470
I'll see you guys next.
376
00:25:08,470 --> 00:25:09,580
We do buy.
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