Candlesticks with a Boost and a Cap

Ayo fam, today’s sesh is all about peeping the basic Japanese candlestick patterns we vibed with in the last lessons to totally level up your trading game.

Listen fam, candlesticks be kind of sus on their own, so you gotta always peep the market vibes and what the price is whispering, ya feel?

But hold up real quick, let's hit you with some no cap wisdom…

Like any other tech indicator, if your candlesticks are saying there’s a plot twist or the same old tune, it doesn’t mean it’s guaranteed.

This is the forex trenches, homie, nothing’s written in the sky!

Candlesticks Plus Support and Resistance, That's the Move

The GOAT way to use candlesticks is with support and resistance feels.

‘Cause these levels are like the frontlines for buyers and sellers, and watching how candlesticks vibe there is the cheat code for predicting the next move.

Check it, here’s some forex real talk:

In this situ, note there’s resistance chillin’ at the 1.4900 level.

You’re itching to jump in, but you cool your jets ‘cause the candle that hit this level is looking hella bullish.

Fast forward two candles, you see this legit three inside down candlestick pattern, which low-key screams that bearish vibes are up.

Using this formation as your “let’s go” signal, you dip into the short zone ASAP.

Being the big-brain trader you are, you also pop a stop loss above that resistance for safety.

Thanks to your diamond hands and candlestick knowledge, the odds are basically stanning you hard.

Let’s fast-lane to what happened after you shorted…

Sheeeesh! The pair dipped your way and ka-chinged you hundreds of pips real quick.

You hit up the local whip shop and cop yourself a boujee sports car no doubt.

Oh, and a jet. Obviously matching colorway, duh.

You’re wondering, “Why do I gotta match up candlesticks with those hype support and resistance levels? I’d get more lit signals with just candlesticks and stack serious bank!”

Lemme break it down: peep the same trade chart...

We cherry-picked some potential clap-back trade signals solely rocking candlestick moves.

Swoop-a-look!

If you Yolo’d purely on those candlestick kicks, not a single W in sight!

By coupling candlesticks WITH those epic support and resistance layouts, you’re playing the win card, hands down.