Ak learn Candlesticks Charts & Patterns
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RBD DBR and RBR DBD
As price moves it creates (swing) highs and lows, the extremes of these moves can be marked as “bases”, just like the ones marked above. When bases are created after a “rally” or a “drop” they form a
Rally-Base-Drop (RBD) or a Drop-Base-Rally (DBR).To learn more kindly find the links of my courses below :
First we look at the chart for an area where price strongly shot up from (demand) or dropped away from
(supply).
resistance doesn’t always hold. Market participants
may be willing to pay even more, pushing price higher until a new
equilibrium is found. Once the resistance is broken, another
resistance level is formed and new sellers are established. An
example from the daily EURUSD illustrates this point.
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Technical analysis is not an exact science, and this becomes
clear when examining support and resistance zones. Zones are like
support/resistance lines, but they encompass a larger area on the
chart.
Just like the support and resistance lines, support and resistance
zones are powerful indicators for buyers and sellers. This area has
exchange of contracts and stop and limit orders, as well as orders
waiting to be filled.
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False-breakouts are exactly what they sound like: a breakout that failed to continue beyond a level, resulting in a ‘false’
breakout of that level. False breakout patterns are one of the most important price action trading patterns to learn,
because a false-break is often a very strong clue that price might be changing direction or that a trend might be resuming soon.
A false-break of a level can be thought of as a ‘deception’ by the market, because it looks like price will breakout but then it
quickly reverses, deceiving all those who took the ‘bait’ of the breakout.If you want to learn how to trade the market the right way , i highly recommend you to join my course,
Linear levels can be used to highlight a consolidation pattern that I call a price squeeze.

It is a scenario where you get lower highs, and higher lows converge in on one another… creating a ‘squeeze’ scenario.
Notice how the higher lows and lower highs created two linear support and resistance levels that converge in on one another.
Double Bottom
The double bottom formation looks like the letter “W” and the pattern is basically the opposite of the double top pattern.
This chart pattern is formed after a period of a downtrend, and is formed by two consecutive valleys that are
approximately equal to each other, with a peak in between.
The price movement of the stock went lower twice, but found support each time. After the second bounce off of
the support, the trend reverses and the price heads higher.
Find Rejected Price Levels
What are rejected price levels? Well, simply put, these are levels where price made a drastic turn!
Rejected price levels are easily spotted with an Hammer or a shooting star candlestick pattern. Watch out for them
and pay attention to the levels where price was rejected from.
Find the Right Place to Get Better Forex Trade Entries.
Nothing work if you can’t understand what a good market is?
So before you find the best Forex Trade Entries you should focus on finding the right place to get execute your trade.
Make a habit of focusing more forex pairs instead of the same one or two forex pairs. The reason is Forex pairs don’t stay in the same market
conditions, they go through different market phrases. (Range market, trending market)
By trading more forex pairs you can filter out Good Market and ignore whipsaw fore pairs
The price broke above the previous lower high and made a new higher high (HH) which is an indication of a trend reversal and as a
result price ended up creating massive bullish movement.As you can see, the classical trend structure analysis can help you spot profitable
forex trade entries.
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