1 00:00:00,640 --> 00:00:08,740 Now, wrapping up this module that is bullish candlestick patterns, here is the blueprint that I would 2 00:00:08,740 --> 00:00:09,520 like to give you. 3 00:00:10,300 --> 00:00:18,790 So the primary set up that you should have is first, the market should be in downtrend when we're talking 4 00:00:18,790 --> 00:00:19,710 about reversal pattern. 5 00:00:19,750 --> 00:00:23,230 OK, markets should be in downtrend then. 6 00:00:23,490 --> 00:00:29,950 Second thing that you have to find out whether there is any bullish reversal pattern in a reversal pattern 7 00:00:29,950 --> 00:00:33,400 is getting hammered, bullish, engulfing, piercing Morningstar. 8 00:00:34,490 --> 00:00:41,180 Then you have to calculate risk reward, is it one, is to one, and then we have to know what is the 9 00:00:41,180 --> 00:00:41,910 next day? 10 00:00:41,960 --> 00:00:50,400 And if it is bearish, if it opens bearish, then a the trade, if it opens, it should be open. 11 00:00:50,420 --> 00:00:52,150 It is opening bullish. 12 00:00:52,340 --> 00:00:53,700 Then we have to take that trade. 13 00:00:54,710 --> 00:01:04,190 These are must additional if you have if it is near support or it is near trend line or if it has good 14 00:01:04,190 --> 00:01:12,670 volume, which you will normally have, then it is an additional set up to increase the probability. 15 00:01:12,680 --> 00:01:15,890 So any one of them, if it is there, then it's fine. 16 00:01:16,220 --> 00:01:17,000 It will work. 17 00:01:18,050 --> 00:01:28,220 So I hope you are understanding whatever is happening now, it is very important to go back to the charts, 18 00:01:28,790 --> 00:01:35,720 do a little bit of practice, do a little bit of paper trail, do a little bit of back testing before 19 00:01:35,720 --> 00:01:38,900 actually putting on real money to really give you confidence. 20 00:01:39,230 --> 00:01:48,140 And in the journey of 10 years of my trading career, I can assure you that these things working market, 21 00:01:48,590 --> 00:01:55,750 I have made thousands of trades and I am following these things day in and day out. 22 00:01:56,120 --> 00:02:01,970 There is no secret in the market that will give you consistent profit. 23 00:02:02,270 --> 00:02:08,940 But these are a few things that are going to give you high probability traits, that's for sure. 24 00:02:09,740 --> 00:02:10,310 Thank you. 25 00:02:10,310 --> 00:02:11,780 And see you in the next module.