The candlestick trading bible

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THE CANDLESTICK TRADING BIBLE 
The daily chart above confirms our weekly analysis, as you can see; 
there is a clear bearish signal near the weekly resistance level.
The pin bar was rejected from that level, and there is also the 
formation of an inside bar false breakout.
This is a clear indication of a trend change.
See what happened next: 

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THE CANDLESTICK TRADING BIBLE 
The example above shows that counter trend works if it is well 
mastered, it is a contrarian approach that requires experience, so if 
you are a beginner, i highly recommend you to stick with the trend, try 
to practice as much as you can the top down analysis concept with the 
trend, and when you master trading with the trend, you can then move 
to trade high probability counter trend setups. 
There are many approaches used to time the market turns and plan 
trades, the most of these approaches lead to greater confusion and 
lack of confidence in the results. 
Keeping the analysis simple is most often the best way to go, and top 
down analysis is one of the easiest approaches that i recommend to 
master if you want to trade the right way. 
What you have to do right now is to open your charts and try to 
practice what you learnt in this chapter.

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THE CANDLESTICK TRADING BIBLE 
Try to identify the market trend using these techniques. It will be little 
confusing at the beginning, but with some screen time and practice, 
you will find it easy to identify the market direction.