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What's that?

But then I thought this SMC was just gambling cause ut looks abit like prediction market

So we are good yeah?

Learn to read the market, more like a story and not just a gamble

To me ooh understanding candle stick in trading is one of the most aultimate

Sellers are gaining strength,

Price is moving down

Potential bearish reversal

These are what the bearish candlestick looks like

Candlesticks can generally be grouped according to what they tell us:

1. Bullish Candlesticks 🟢

These show that buyers were stronger than sellers, so the price moved upward.

Examples:

Bullish candle – closes higher than it opened.

Hammer – small body with a long lower wick; can suggest buyers are stepping in after a fall.

Bullish engulfing – a large bullish candle covers the previous bearish candle.

Candlesticks can generally be grouped according to what they tell us:

1. Bullish Candlesticks 🟢

These show that buyers were stronger than sellers, so the price moved upward.

Examples:

Bullish candle – closes higher than it opened.

Hammer – small body with a long lower wick; can suggest buyers are stepping in after a fall.

Bullish engulfing – a large bullish candle covers the previous bearish candle.

2. Bearish Candlesticks 🔴

These show that sellers were stronger than buyers, so the price moved downward.

Examples:

Bearish candle – closes lower than it opened.

Shooting star – small body with a long upper wick; can suggest selling pressure after a rise.

Bearish engulfing – a large bearish candle covers the previous bullish candle.

Continuation....

📈 Bullish Chart Patterns (Buy/Long Formations)Bullish patterns indicate that buying pressure is building up or that a market downtrend is exhausting itself, signaling an opportune time to look for buying ("long") opportunities.

Double Bottom (Reversal): Looks like the letter "W". Price hits a low point twice but finds strong support, preventing further decline. The setup is triggered when the price breaks above the peak between the two bottoms (the neckline).

Profit Target: Calculate the vertical distance from the bottoms to the neckline peak, then project that exact distance upward from the breakout point.

Profit Target: Calculate the vertical distance from the bottoms to the neckline peak, then project that exact distance upward from the breakout point.

Volume Behavior: Volume typically decreases during the formation of the first bottom and spikes noticeably during the breakout above the neckline, confirming institutional buying pressure.