1 00:00:00,360 --> 00:00:05,530 Let's now quickly summarize whatever we have learned till now. 2 00:00:06,480 --> 00:00:13,490 We have seen that reversal patterns are those patterns which reversed the direction of existing trend. 3 00:00:13,650 --> 00:00:15,750 So reversal can strike patterns. 4 00:00:16,700 --> 00:00:21,620 See, for example, Margaret is falling, the pattern comes, it will reverse the direction market is 5 00:00:21,620 --> 00:00:24,110 going up bearish, but the market will go down. 6 00:00:24,650 --> 00:00:28,160 So Hanmer bullish engulfing bullish seeing Morningstar. 7 00:00:28,190 --> 00:00:30,800 These are the popular bullish reversal patterns. 8 00:00:31,520 --> 00:00:37,400 So they should come here and talking about bearish, one inverted, bearish, engulfing, bearish, 9 00:00:37,400 --> 00:00:43,310 piercing evenings that they are the populace bearish reversal pattern, which if they come here, then 10 00:00:43,310 --> 00:00:45,950 they will reverse the direction of the trend. 11 00:00:47,600 --> 00:00:54,590 We also seen that before making any trade, we have to ensure these filters, we have to ensure filters 12 00:00:54,590 --> 00:01:00,380 like risk reward, volume, support, resistance, trend line, then you get high probability trades. 13 00:01:01,140 --> 00:01:08,000 I'm sure if you use these filters, you can increase your probability up to 75 to 80 percent of your 14 00:01:08,000 --> 00:01:09,320 trades will be winners. 15 00:01:09,800 --> 00:01:11,890 And that's a very good success rate. 16 00:01:11,930 --> 00:01:13,750 Which one is to restore? 17 00:01:13,790 --> 00:01:17,510 This is a very important success rate should be combined with this reward. 18 00:01:17,750 --> 00:01:20,660 Success rate in itself is of no value. 19 00:01:20,660 --> 00:01:28,530 If your risk reward is, for example, one to zero point two, you are losing one to get zero point 20 00:01:28,530 --> 00:01:29,320 to you. 21 00:01:29,340 --> 00:01:34,570 And if you have 80 percent success rate, you are ultimately going to lose money in the market. 22 00:01:35,000 --> 00:01:40,550 So success rates should be combined with this reward to get high probability. 23 00:01:42,780 --> 00:01:52,410 So I hope you have understood the major portion that I wanted to cover was bullish and bearish candlestick 24 00:01:52,410 --> 00:01:54,540 patterns that I have covered in this case. 25 00:01:55,080 --> 00:02:00,120 In last module, we are going to see some indecision, candlestick patterns. 26 00:02:01,190 --> 00:02:06,540 Now we are seeing bullish and bearish patterns, but there are some patterns which are neither bullish 27 00:02:06,540 --> 00:02:07,230 nor bearish. 28 00:02:07,230 --> 00:02:12,030 Their indecision kendalls how to spot them and how to trade them. 29 00:02:12,060 --> 00:02:14,930 That is what we are going to learn in the last module. 30 00:02:15,270 --> 00:02:16,560 So see you in the next module.