[Review] Don't Trade Before Learning These 14 Candlestick Patterns (ARULPANDI P) Summarized

Описание: DON'T TRADE BEFORE LEARNING THESE 14 CANDLESTICK PATTERNS (ARULPANDI P)

Amazon USA Store: https://www.amazon.com/dp/8194828376?...
Amazon Worldwide Store: https://global.buys.trade/DON%27T-TRA...

eBay: https://www.ebay.com/sch/i.html?_nkw=...

Read more: https://mybook.top/read/8194828376/

#candlestickpatterns #priceactiontrading #supportandresistance #trendcontinuation #reversalsignals #DONTTRADEBEFORELEARNINGTHESE14CANDLESTICKPATTERNS

These are takeaways from this book.

Firstly, Why candlesticks matter and what a single candle reveals, The foundation of the book is the idea that a candlestick is a compact record of a battle between buyers and sellers. Open, high, low, and close capture not only direction but also intensity, rejection, and hesitation. This topic explains how to read basic candle anatomy, including real bodies and wicks, and why the location of the close inside the range often matters more than the size alone. Candles can suggest continuation when closes are strong and ranges expand, or warn of exhaustion when long wicks appear after a sustained move. A key takeaway is context: the same candle shape can mean different things depending on whether it appears at support, resistance, after a breakout, or within consolidation. The book encourages traders to avoid treating candlestick patterns as isolated icons. Instead, each candle is viewed as part of an unfolding auction process. Understanding this lens prepares readers to learn the fourteen patterns as signals of shifting control, not as magic triggers. This builds a more disciplined mindset where confirmation and risk control are as important as recognition.

Secondly, Reversal patterns that flag potential trend changes, A major portion of candlestick trading revolves around identifying when a trend is losing strength and a reversal is becoming plausible. This topic covers how the book frames reversal patterns as warning signs first and entry signals second. Common features of reversal patterns include clear rejection wicks, a change in where price closes relative to prior candles, and a visible failure to push beyond a recent extreme. The book emphasizes that reversals are higher quality when they occur at obvious areas where other traders are likely watching, such as prior swing highs and lows, round numbers, or well tested zones. It also highlights the importance of separating early reversal hints from confirmed reversals, encouraging traders to look for follow through rather than assuming the first signal will work. Practical considerations include choosing an entry approach, such as waiting for a break of a pattern level, and placing stops beyond the structure that invalidates the idea. By focusing on a defined set of reversal patterns, the book aims to reduce impulsive countertrend trades and replace them with more structured setups.

Thirdly, Continuation patterns for riding momentum with less guesswork, Not every high probability candlestick opportunity is a reversal. The book also points traders toward continuation behavior, where price pauses, digests, and then resumes in the same direction. This topic explains how continuation patterns can help traders join established trends while avoiding late entries. Continuation signals often appear after a strong impulse move, followed by smaller ranges, mixed candles, or brief pullbacks that fail to damage the broader structure. The book treats these patterns as ways to time entries closer to support in an uptrend or resistance in a downtrend, potentially improving risk to reward. Another important aspect is distinguishing healthy consolidation from distribution or topping behavior. Traders are encouraged to check whether pullbacks hold above key levels, whether sellers can actually close price down meaningfully, and whether the trend shows renewed strength via decisive closes. The topic also ties continuation patterns to trade management: scaling in after confirmation, setting targets near prior swing points, and trailing stops as momentum persists. The core benefit is a repeatable framework for staying aligned with trend dynamics.

Fourthly, Using the patterns with support and resistance for higher accuracy, The book implicitly promotes a simple but powerful idea: candlestick patterns become more actionable when combined with key price levels. This topic explores how support and resistance act as filters that can increase the practical reliability of any pattern. A pattern appearing in the middle of a range may be noise, while the same pattern at a clearly defined level can reflect a meaningful reaction from market participants. The book encourages traders to identify swing highs and lows, previous consolidation areas, and zones where pri