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So in the last module, you are going to learn some indecision, candlestick patterns, you learn how

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to identify them and how to treat them properly.

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Now, we've seen all those patterns which are either bullish or bearish ones, but there are some IndusInd

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candlestick patterns that are neither bullish nor bearish.

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So in this case, what to do and how to trade them?

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Let's see.

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First of all, let's understand what is an this candlestick pattern.

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I've already explained this to you in the model of reading the Candle.

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But here we will have a quick recap and see how you can read them.

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So in this see patterns are those patterns, who's open and close is almost at the same time, or there

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is a very small difference between open and closed.

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So here, let's take an example of this.

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This is spinning top wherein you have open and close almost at the same point and you have long shadows.

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What does it indicate?

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This indicates indecision.

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This indicates that nobody won the battle on that particular day, isn't it?

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So but it indicates that buyers and sellers, they were very active during the day.

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There was a fight tussle between buyers and sellers to try to push market up sellers try to push market

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down.

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But ultimately, they agreed to this price at the end of the particular day.

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This is the meaning of indecision, CANDU.

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So talking about more about indecent candles, what they mean is this one, they indicate equal buying

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and selling pressure on either side of the market.

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It is a sign of indecisiveness.

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There is no decision at the end of the day.

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No, no clear cut winner on that particular day.

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You can say it's a draw or it's a tie.

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In this case, the body is relatively small and centered within the range.

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It should ideally be at the center of the range.

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If it is at the center, then it's you can see perfect indecision.

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Kendall, if it is at the extremes, say, for example, if it is here or if it is here, then it cannot

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be called as an indecent candle.

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Here we have long shadows.

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Sometimes it can be short shadows as well of equal length.

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It indicates that bulls and bears were highly active during the trading session, heavily competing

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against each other, of course, when you have long shadows, then you can say there was a tight tussle

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and both of them were active.

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But there are some patterns in which you have a small body, a small shadow.

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In this case, we cannot see this.

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You can see that they were inactive during the day and there was no clear cut winner.

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But when you talk about this, can you can say that bulls and bears were highly active because there

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are long shadows.

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We'll see a few more in these candles and then we will see how you can treat them.

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Let's see you in the next video.

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So you can see a few types of invisible candles.

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These these are called spinning tops.

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Spinning tops have.

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Small body, you can see, but when we talk about long legs, they do not have a body at all, so very

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open and close is the same point.

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But in this case, open and close are close to each other in case of long leg to open and close or same.

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Having long shadows, then you have Dragonfly, which we are seen, in which open, high and close is

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at the same point, and you have a long, lower shadow making love.

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Here we have Greyston dodgy wearing.

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Open, Lou, and closes at the same point, and high is where you have a long shadow.

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This is called strategy, which has a non-existent body and a small smoldering.

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So the very small range you can compare this with, this has large range, long range as compared to

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this.

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And in the end, we have four point thirty four point dorji is where open, high, low and close they

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are seen.

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So you must be wondering how how this is possible, how it's possible that open, high, low and close

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are the same.

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But that is quite possible and that is normally possible in inactive stocks, those stocks in which

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hardly any trading happens.

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In that case, you will find out 4.0 dodgy.

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Let's let's go to the chart and see if we can find out from 4.0.

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You will most probably find it on U.S. bank.

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Do you find.

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Here we have a dodgy to start, dodgy, isn't it?

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This is a see, for example, the slogan Estado.

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This is again, is you can see gravestone dodgy, so you will find love, Dodi's in the market.

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See, this is again, a dragonfly dodgy.

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See here, this is called as a four point dorji.

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Wearing open, high, low and close passing, this is and this this one has been so we have to four

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point doges, so we have to stay away from this stock, how we should treat them first, less and easier

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to stay away from such stocks because you may not get buyers or sellers to trade it with.

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You will find it very difficult to exit from such stocks.

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Therefore, you have to stay away from those stocks, which which has four point dodgiest like these

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back and talk about other buttons.

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I will tell you in the next video how you can analyze and trade such candles.