CANDLES & PIVOTS

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CANDLE ANATOMY

HIGH HIGH

OPEN CLOSE

BEARISH CANDLE BULLISH CANDLE

O - OPEN O - OPEN
H - HIGH L - LOW
L - LOW H - HIGH
C - CLOSE C - CLOSE
CLOSE OPEN
OHLC OLHC
LOW LOW

Apply these ideas to the examples shown in this guide

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CANDLE TYPES

Bearish Expansion Bearish Reversal Consolidation / Weakness

Bullish Expansion Bullish Reversal

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PIVOTS

Bearish Reversal

Bullish Reversal

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 PIVOTS

Bearish Reversal

Bullish Reversal Pivots are the easiest way to see directional changes that lead to possible expansions

Combine this with the following to capture possible expansions:

IPDA
Premium & Discount Arrays
Time (Q,M,W,D)
Weekly Pro les
Economic Calendar

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PIVOTS
WEEKLY PIVOTS

Weekly Expansion
BULLISH EXAMPLE

Daily Expansion Weekly Candle

Weekly Chart

Opportunity to capture the weekly candles expansion comes from engaging price on the daily candle

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PIVOTS
WEEKLY PIVOTS

BEARISH EXAMPLE

Weekly Expansion

Weekly Chart
Daily Expansion Weekly Candle

Opportunity to capture the weekly candles expansion comes from engaging price on the daily candle

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PIVOTS
DAILY PIVOTS

Daily Expansion
BULLISH EXAMPLE

Hourly Expansion Daily Candle

Daily Chart

Opportunity to capture the daily candles expansion comes from engaging price on the hourly chart

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PIVOTS
DAILY PIVOTS

Daily Expansion BEARISH EXAMPLE

Hourly Expansion Daily Candle

Daily Chart

Opportunity to capture the daily candles expansion comes from engaging price on the hourly chart

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