What is Candlestick? | What is Candlestick Formation? | Price Action | IN ENGLISH
Channel: Surat Aulakh English
Date: 02/10/2022

What is Candlestick & how does it work in stock market? Learn Basics of candlesticks, Candlesticks formation & Candlesticks Psychology. Explained the importance of wick & Body in a candlestick with multiple examples.

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WATCH TECHNICAL ANALYSIS COURSE EPISODE-1 
What is Technical Analysis and how does it work in stock? IN ENGLISH
https://www.youtube.com/watch?v=igLVV9G0ZAg

As a stock market trader and investor, we often hear about the methods of technical analysis and fundamental analysis.
Technical analysis is a topic which covers a wide range of trading systems and methods based on the price of a stock. In this video, we will explain the foundation and basics of technical analysis method of trading, from our own experience in the stock market. We are explaining candle stick basics that how does candle gets form and how do we analyse it and also we have discussed about the difference in between bearish and bullish candles.
We have explained the formation of bullish & Bearish Candlestick that how does it get formed. we have also mentioned that for intraday trading candlestick formation training is very important because as a intraday trader we must have knowledge about candlestick formation and its psychology because for intraday trading we need to check multiple time frame charts to confirm our trades.
This episode of candlestick formation is going to make very positive impact on intraday traders as well as swing traders, moreover long term Investers.
We have explained that there are two types of candlesticks No.1 Bullish Candlestick and No.2 Bearish Candlestick.
We have explained the factor of both bullish and bearish candlesticks formation. We have also explained that how does wick or shadow get formed in a candlestick and the importance of wick or shadow in the candlestick.
we took the example of both bullish and bearish candlestick to explained the factor of wick or shadow in a candlestick that wick or shadow indicates that price has touched the certain level but it could not sustain there.
We have also explained the importance of real body in both bullish and bearish candlesticks with the examples that how important a body in a candlestick and what does it indicate.
Time Stamp
0:00 INTRODUCTION
0:31 EXPLAINED THE FORMATION OF CANDLESTICKS
2:47 EXPLAINED THE FORMATION OF WICKS
4:23 EXPLAINED THE FORMATION OF BODY
5:53 RECAPE, INTRO FOR THE NEXT EPISODE & CLOSING

Disclaimer: This video is for educational purpose only and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your
financial advisor before making any investment decision.

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