How to Analyze With Candlestick

The function of the analysis either technically or fundamentally determine whether prices will rise or fall, will move in the same direction or reverse direction.
Based on the type of analysis is divided into two, namely:
1. Analysis to determine trends that would happen, that analyze price movements globally and estimate the shape of the graph is going to happen.
2. Analysis to determine the type of candle that will be formed, whether bullish or bearish candle candle. That is only targeting one candle alone, but the candle which is targeted at a distance equal to a trend. Candle targeted so usually it uses a 4 hour time frame upwards.
In terms of determining trend that will be formed, candlestick only as a supporting role only. Namely as a signal giver entry / entry point, so that traders get the best price.
I. Entry Point Trend Up
The rising trend can be detected by the appearance of long-bodied bullish candle forwarding after rising chart low Markowitz

 

 Dan inilah hasilnya 

II. Entry Point Trend turun

Trend turun bisa terdeteksi dengan  munculnya candle bearis penerusan berbadan panjang  setelah grafik membetuk high yg merendah

 

 Inilah hasilnya 

III. Entry Point Balik Arah Naik

Pembalikan arah dari trend turun menjadi trend naik bisa dideteksi oleh munculnya candle hammer atau inverted hamer serta candle reversal di area oversold atau konvergen .

 

 Inilah hasilnya 

IV. Entry Point Balik Arah Turun

Pembalikan arah dari trend naik menjadi trend turun bisa dideteksi dengan munculnya candle shooting star , hanging man dan candle jenis reversal lainnya di area overbought atau konvergen

 Inilah hasilnya

In terms of determining the type of the next candle is bullish or bearish, candlestick serves as the main actor, supporters are graphical form constituent previous candle.

I. Entry point forwarding is if the previous candle candle continuation and chart form constituent meneunjukan trend will continue.

  The most potentially continue the trend when the price is just turning direction, or a new trend at the start, because if the trend has been established, the next potential is weakening. Therefore, to target the next candle candle should we use that characterizes that the price of just turning direction or a new trend began. And the candle shape like this:

Contoh analisa :

Pada gambar diatas kita melihat bahwa telah muncul candle jenis continuation. Dari sini kita bisa memprediksi bahwa  candle selanjutnya akan turun . Untuk mesamstikannya kita lihat pola grafik nya pada time frame yang lebih kecil , lalu kita  analisa apakah grafik nya menunjukan akan terjeadi trend turun juga.

From the graph above we find three things that determine the trend is going down, namely:
- The existence of peaks modestly
- Line of support that successfully penetrated
- Break of the support line was confirmed by a correction then turn again to the bottom by a long candle. And this is the result:

II. Entry point reversal is when the previous candle indicates the type of candle reversal, was confirmed by the constituent graphic form overbought or oversold atu even convergent.

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from blog: http://siembah.com/cara-analisa-candlestick