Notice that when the candles form a large stick on top (basically the candle is pointing downwards), then we have a few candles of resistance or pullback.
In this example it isn't so obvious, because this coin right now is in a very strong run, but you get the idea.
After the first candle closes and give you the signal, you can sell at the following candle and then expect a retrace.
Let's look at a clearer example:
Then you use the to buy back. This is called a swing trade, this can make you lots of money. But if you get it wrong and go on panic, you can lose a lot as well.
Additional tip: The indicator "TD Sequential", which puts the numbers on the candles is another HUGE indication of a coming retrace.
On the same chart above, you can see that the #9 produced the biggest fall.
If you want to take this to MASTER level, learn how to read candles.
That's it. ENJOY!
TIPS/GIFTS ARE WELCOME:
More strategies below, in the "related ideas" section.
Please read them. Thanks.
You can also look at the title, next to the coin name, it says "60", which stands for 60 minutes.
Thx for the amazing vide again.
All I know is that it gives you a trend, either green or red and when it changes, the trend is changing.