Original subtitles

0 Hello, everyone, and welcome to Section 4 in this course. So far in the course you have studied, 1

how support and resistance levels are placed on any trading instrument using the top-down analysis. 2

While using the support and resistance strategy taught in this section, 3

plotting zones is the first step of technical analysis you're required to perform. 4

In this section, 5

I will add the second key indicator to the strategy in the form of key candlestick patterns. 6

While support and resistance levels mark the foundation of this strategy, these key candlestick patterns 7

you're going to study, will build on the larger picture. 8

Therefore, guys, these candlestick patterns will look to answer the following key questions for you 9

1. How to identify if the Sideways price movement is about to start on any instrument. 2. How to take advantage 10

of key support and resistance points within this sideways price activity. 11

And third, whether the market will pause or break through will occur at these multi-year support and 12

resistance levels. 13

Guys, I'm not going to teach you the basics of candlestick charts as the information is available online 14

for free. Instead in this section you will learn about candlestick patterns that you will observe carefully 15

by using this strategy. 16

It is because these patterns indicate the key price reversal near the major support and resistance areas, 17

as you will learn. 18

This also concludes the introductory lecture of Section 4, and I will see you in the next lecture.