{"id":2900,"date":"2021-12-01T09:41:53","date_gmt":"2021-12-01T09:41:53","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=2900"},"modified":"2021-12-01T12:52:19","modified_gmt":"2021-12-01T12:52:19","slug":"decode-candlestick-patterns-at-trading-101-masterclass","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/decode-candlestick-patterns-at-trading-101-masterclass\/","title":{"rendered":"Decode Candlestick Patterns At The Trading 101 Masterclass"},"content":{"rendered":"

Technical analysis is fascinating and provides insight into market sentiment. It\u2019s definitely a tool that traders can use to make consistent profits.<\/span><\/p>\n

However, technical analysis is a vast, complicated subject. <\/span>Candlestick charts<\/span><\/a> are one way of analysing the movement of a stock price. But you might need training to fully comprehend all the patterns. <\/span><\/p>\n

That\u2019s where the Trading 101 Masterclass<\/a> comes in. Register for an exciting session with renowned international trader and coach Sam Seiden on December 4. <\/span><\/p>\n

1. What are candlestick charts?<\/b><\/h2>\n

If you\u2019re completely new to technical analysis, read on. <\/span><\/p>\n

Investopedia defines candlestick charts as a \u201ctechnical tool that packs data for multiple time frames into single price bars.\u201d The patterns can indicate whether the bulls or bears are in control of the market. <\/span><\/p>\n

The candlestick contains the open, high, low and close of a stock index. The \u201cwick\u201d of the candle contains high and low, while the body of the candle shows the open and close. <\/span><\/p>\n

So a red candlestick means that the closing price was lower than the opening price, and a green candlestick means the reverse. <\/span><\/p>\n

2. What will you learn at the Masterclass? <\/b><\/h2>\n

In this Masterclass you will learn to spot candlestick patterns, and get introduced to how international trading systems work. <\/span><\/p>\n

Here are the topics that will be covered in the session:<\/span><\/p>\n