The candlestick trading bible

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THE CANDLESTICK TRADING BIBLE 
As it is illustrated above, the market is trending down; the formation 
of inside bar patterns gave us three opportunities to join the trend. 
If you are used to our trading approach, you will only look for selling 
opportunities, this way, you are not fighting big institutions and central 
banks, you are just trading in the direction that is favored by the 
market. 
You can place a sell order after the breakout of the pattern as it is 
mentioned in the chart above, and your stop loss order should be 
placed above the mother candle. Your profit target is the next support 
level.
See another example below: 

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THE CANDLESTICK TRADING BIBLE 
From the above chart, we can see how this price action setup work 
significantly as a continuation pattern, to be honest, you are not going 
to take all these signals into considerations. 
You have to look for significant patterns that form in specific areas in 
the market such as support and resistance, Fibonacci retracement 
levels, moving averages, or pivot points. 
Don’t worry about that, because we will learn about the important 
trading tools that we will need to use in combination with inside bar 
setups to make the best trading decisions 
 
 
 
 
 

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THE CANDLESTICK TRADING BIBLE 
How to trade the inside bar breakout with support and resistance
Technical analysis can be very complicated if you don’t focus on the 
most important basics, such as support and resistance levels. 
These areas represent a psychological level where the game is played 
between buyers and sellers, let me give you an example: 
If sellers overcome buyers they will push the price below the support 
level. Some buyers will feel afraid to lose money, because they see
that 
the support level is broken .so, they will get out, and sell the market 
again to cover their loss. 
Other participants will notice that sellers are in control of the market, 
they will decide to sell the market and help the bears push the price to 
go down. 
As a trader, if you have enough knowledge about support and 
resistance levels, when you open your chart, you will notice that the 
support level is broken, and the bears are in control of the market, this 
is a good selling opportunity right? But the question is, what is the right 
time to enter the market? 
The inside bar pattern is one of the most reliable price action signal 
that will give you the right time to enter the market and make big 
profits. 
Once you understand how to use it in combination with these levels, 
you will get clearly what the market is telling you, and you will make 
good trading decisions. 
See the chart below: 

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