Advanced Candlestick Patterns Trading Course (ONLY FOR PROS) transcript

in this video we're going to show you how to combine Candlestick patterns with volume using candlesticks on their own for trade setups is great but it's not enough you need to combine Candlestick patterns with volume in order to see whether buyers and sellers are actually taking action behind the scenes there's also a free volume and orderflow trading guide that works in combination with this video and it's linked in the description below so here's what we're going to cover in this video we're going to first show you all the Candlestick types to use and then we'll show you how to pair candlesticks with volume and orderflow to take your trading to the next level so let's get right into it starting with the Candlestick patterns to look for please hit the like button but more importantly hit the notifications Bell as it goes a long way in supporting our team starting with the long Wick candle you have a moving downtrend before candle with the wick sticking out the bottom forms and triggers a reversal upwards the psychology behind this candle is that sellers are losing momentum because price failed to close as a bearish engulfing candle and instead swung all the way back up causing the wick to stick out the bottom the longer the wick the higher the quality of this Candlestick pattern the best way to use this pattern is to combine it with key levels this reversal Point gives you a key support level price comes down forms the long with candle presenting a long trade setup up before reversing upwards now going in the opposite direction you have a moving uptrend before a candle with the wick sticking out the top forms and triggers a reversal downwards the psychology behind this candle is that buyers are losing momentum because price failed to close as a bullish engulfing candle and instead swung all the way back down causing the wick to stick out the top the longer the wick the higher the quality of this Candlestick pattern again the best way to use this pattern is to combine it with key levels this reversal Point gives you a key resistance level price comes up forms the long with candle presenting a short trade setup before reversing downwards moving on to the next Candlestick pattern a cluster of longwick candles you have a moving downtrend before you have a cluster of longwick candles form which triggers a reversal upwards the psychology behind this pattern is that sellers tried over and over and over again to push price lower but failed and buyers held the area strong the more long with candles that are clustered together the higher the quality of this pattern let's pair this with key levels key support level multiple long with candles presenting a long trade setup reversal upwards going in the opposite direction you have a moving uptrend before a cluster of longwick candles forms which triggers a reversal downwards the psychology behind this pattern is that buyers tried over and over and over again to push price higher but failed and sellers held the area strong the more longwick candles clustered together the higher the quality of this pattern let's pair this with key levels key resistance level multiple long with candles presenting a short trade setup reversal downwards moving on to the next pattern the inverted longwick candle you have a moving downtrend before you have a candle with the wick sticking out the top and against the moving downtrend which triggers a reversal upwards the psychology behind this pattern is that buyers suddenly entered big at the area which causes the wick to stick out the top the longer the wick the higher the quality of this Candlestick pattern let's pair this with key levels key support level inverted longwick candle presenting a long trade setup reversal upwards going in the opposite direction you have a moving uptrend before you have a candle with the wick sticking out the bottom and against the moving uptrend which triggers a reversal downwards the psychology behind this pattern is that sellers suddenly entered big at the area which causes the wick to stick out the bottom the longer the wick the higher the quality of this Candlestick pattern let's pair this with key levels key resistance level inverted long with candle presenting a short trade setup reversal downwards moving on to the next Candlestick pattern the candle color change you have a moving downtrend with consecutive red candles showing that sellers are in full control you then have a green candle finally appear resulting in price reversing upwards the psychology behind this Candlestick pattern is that price failed to make another red candle and instead made a green candle showing that sellers are losing momentum let's pair this with key levels key support level all red candles before a candle color changed to Green occurs presenting a long trade setup and a reversal upwards going in the opposite direction you have a moving uptrend with consecutive green candles showing that buyers are in full control you then have a red candle finally appear resulting in price reversing downwards the psychology behind this Candlestick pattern is that price failed to make another green candle and instead made a red candle showing that buyers are losing momentum let's pair this with key levels key resistance level all green candles before a candle color change to red occurs presenting a short trade setup and a reversal downwards moving on to the next Candlestick pattern shrinking candles you have a moving downtrend and notice how every candle gets smaller and smaller and then triggers a reversal upwards the psychology behind this pattern is that sellers are losing momentum as the distance traveled perk candle is getting shorter and shorter this pattern works best when the final candle closes as another reversal candle let's pair this with key levels key support level shrinking candles reversal candle and long trade setup and reversal upwards going in the opposite direction you have a moving uptrend and notice how every candle gets smaller and smaller and triggers a reversal downwards the psychology behind this pattern is that buyers are losing momentum as the distance traveled per candle is getting shorter and shorter let's pair this with key levels key resistance level shrinking candles a reversal candle and short trade setup reversal downwards moving on to the next Candlestick pattern the inside bar candle you have a moving downtrend before you have a candle form where its open and close fits within the open and close of the previous candle and triggers a reversal upwards the psychology behind this pattern is that price failed to make a lower low candle which signals a loss of momentum from the sellers that's parall with key levels key support level inside bar presenting a long trade setup reversal upwards going in the opposite direction you have a moving uptrend before you have a candle form where its open and close fits within the open and close of the previous candle which triggers a reversal downwards the psychology behind this pattern is that price failed to make a higher high candle and signals a loss of momentum from the buyers let's PR list with key levels key resistance level inside bar presenting a short trade setup reversal downwards moving on to the next Candlestick pattern momentum or engulfing candle you have a moving downtrend before you have a big green candle form where its body is significantly larger than the previous kandle or candles and triggers a reversal upwards the psychology behind this pattern is that you have a large spike in buying presence thus creating such a large body let's pair this with key levels key support level green momentum candle forms presenting a long trade setup reversal upwards going in the opposite Direction you have a moving uptrend before you have a big red candle form where its body is significantly larger than the previous candle or candles and triggers a reversal downwards the psychology behind this pattern is that you have a large spike in celling presence thus creating such a large body let's pair this with key levels key resistance level red momentum candle forms presenting a short trade setup reversal downwards moving on to the next Candlestick pattern the Gap fill Candlestick pattern you have a large gap down occur we don't like small gaps so we only look for large gaps the larger the Gap the higher the probability of a drastic reversal and GAP fill occurring next you look for any of the reversal Candlestick patterns we've covered in this video price then reverses upwards and fills the Gap the ology behind this pattern is that the gap down represents an asset that is irrationally underpriced which means that price level after the gap down may not be sustainable and in turn may lead to price reversing back to the more fairly priced area before the Gap occurred hence the Gap fill let's pair this with key levels key support level gap down inverted long with candle followed by a bullish engulfing candle presenting a long trade setup reversal upwards going in the opposite direction you have a large gap up occur the larger the Gap the higher the probability of a drastic reversal and GAP fill occurring next you look for any reversal Candlestick pattern we've covered in this video price then reverses downwards and fills the Gap the psychology behind this pattern is that the Gap up represents an asset that is irrationally overpriced which means that price level level after the Gap up may not be sustainable and in turn may result in price reversing back to the more fairly priced area before the Gap occurred hence the Gap fill let's pair this with key levels key resistance level Gap up longwick candle followed by an inverted longwick candle presenting a short trade setup reversal downwards now that you know the basics of Candlestick patterns here's the most important part just using candlesticks and key levels on their own isn't enough because what you're seeing is only what's occurring on the surface level and you're not seeing everything that's occurring behind the scenes this is why Traders fail as a Trader you need to be able to look behind each candle and see if there is real volume occurring or to be more specific to see whether the big buyers and big Sellers and big institutions are actually taking action these are the guys that can actually move the Market without looking at volume and Order flow two things can happen first you spot a great Candlestick at a key level before price continues on down you got trapped in a fake out trade setup and lost money the Candlestick pattern at the level shows a reaction to the level but that doesn't mean that the big guys are actually taking big action at the level hence why price failed to reverse this is the second thing that can happen when you don't look at order flow and volume you spot a great Candlestick at a key level you you get a slight bounce upwards before price continues on down you again got trapped in a fake out trade setup and lost money this is again the result of not looking behind the scenes to see what the big guys are doing to avoid getting trapped in fake out trade setups you must use volume and Order flow to know what's going on behind the scenes and pair that with price action so let's get into that right now starting with the first volume tool which is the cumulative volume Delta so before we continue please hit the like button as it goes a long way in supporting our team to access this tool go to indicators type in cumulative volume Delta and select it it'll appear below your charts if you want the exact free charting platform we are using click the link below this video the cumulative volume Delta indicator or cvd indicator analyzes volume and price section on the lower time frame bars to calculate volume Delta this means it Compares buying and selling volume and pressure at specific price points now we use the cvd specifically to find divergences as this is the most effective way to use this volume tool now on the charts these three reversal points give you a key support Zone as price comes back down you have a candle color change that is also a longwick candle all which shows momentum loss from the sellers and that a possible reversal is coming which presents a long trade setup price also breaks slightly past the Zone which means this is a false breakout setup and if you've watched our past videos false breakout setups can lead to huge reversals in the opposite direction due to all the breakout short Traders being trapped and once all their stop losses are hit it leads to massive moves due to all those short positions being closed on top of all the new La positions that are being opened by the buyers now now here's where the cvd comes in notice how price makes a lower low while the cvd makes a higher low which signals a discrepancy in volume but more importantly that a large reversal might be coming the cvd acts as an additional positive Confluence factor for your long trade and increases the quality of the trade overall due to using volume data all of this makes this a very high quality long trade setup but we still need extra confirmation that a trend change is actually coming as price can stall at the area before continuing on downwards you could put a trend line like this and wait for a break above before entering long but then you are getting in late to this trade which means less profit so what we need to do is look inside of this long trade setup area on a lower intraday time frame to find any form of price action that signals a trend change from a downtrend to an uptrend let's pull up the lower in tray time frame and put it beside this one on the left left is the main time frame we just looked at and on the right is the same asset but using a lower intraday time frame the long trade setup area here that we previously identified is this same area here you had multiple reversal price action types that you could have used one trend line placed like this and once it broke above Trend change confirmed two you had a trend change pattern through the higher high and higher low three you had an inverse Head and Shoulders pattern with a slanted neckline regardless of which reversal price action type you use after you have the trend change confirmation you need to go to the even lower intraday time frames to find a Precision long entry and exit Point using our key orderflow entry strategy and key tool now notice how massive this move ended up being due to how high quality this trade setup was but more importantly through incorporating the usage of volume volume shows you the big guys actually stepped into this trade which creates real momentum for price to move a greater distance which results in larger profits you also had a second entry point here to scale in inside bar and long with candles at an intraday key level with multiple touches let's go through more trades we took with our members using this exact strategy these six reversal points give you a key Zone you have a moving uptrend through the higher highs and higher lows so you want to trade with the trend price pulls back to the key Zone forms multiple long with candles and a candle color change which presents a long trade setup now you don't instantly jump into a long trade because price can form all these candles at the key level stall there and still continue on downwards so what you need to do is look inside of this long trade setup area but on a lower intraday time frame to find any form of price action that signals a trend change from a downtrend to an uptrend let's pull up the lower intay time frame and put it beside this one on the left is the main time frame we just looked at and on the right is the same asset but using a lower intraday time frame this long trade setup area here that we previously identified is this same area here notice how price makes a lower low while the cvd makes a higher low which signals a discrepancy in volume but more importantly that a large reversal might be coming this is also a descending Channel pattern and once price breaks above the pattern and makes a higher high the trend change is confirmed and your long trade setup from the higher time frame is confirmed you would then need to go to the even lower intraday time frames to find a Precision entry and exit Point using our orderflow entry strategy and key tool again incorporating volume is the reason these trades are so successful because you know when the big guys are taking action at these levels which creates momentum for your trade let's show this again this false breakout long trade setup out a key support level is your trigger event and gives you upwards momentum and your bullish buyers so you want to trade with this bullish momentum this gap down and GAP fill also gives you more upwards momentum these reversal points give you a key Zone price comes down and forms a candle color change that is also an inverse long with candle presenting a long trade setup so what we need to do is to look inside of this long trade setup area on a lower intraday time frame to find any form of price action that signals a trend change from a downtrend to an uptrend let's pull up the lower Inay time frame and put it beside this one on the left is the main time frame we just looked at and on the right is the same asset but using a lower intraday time frame this long trade setup area here that we previously identified is this same area here you first have a double bottom reversal pattern at the key zone now notice how price makes a higher low while the cvd makes a lower low which signals a discrepancy in volume but more importantly that a large reversal might be coming neckline placed like this which also makes this an ascending triangle pattern which is a reversal pattern when broken above price then breaks above the pattern and makes a higher high which confirms the reversal and confirms the long trade setup from the higher time frame you would then need to go to the even lower intraday time frames to find a Precision entry and exit Point using our key orderflow entry strategy and key tool again incorporating volume is the reason these trades are so successful because you know when the big guys are taking action at these levels which creates momentum for your trade moving on to the next strategy and volume tool volume profile so before we continue we want to hear from you what other topics do you want us to cover next do you want more orderflow and advanced trading topics do you want news topics do you want price action topics let us know in the comments below right now specifically what video topics you want us to cover next also please hit the like button as it goes a long way in supporting our team the volume profile tool shows you trading volume at specific price levels over a specific time period to set up this tool on the left here under forecasting and measurement tool click anchored volume profile we want to select the entire area in frame so click at this point here and you'll see the volume profile tool appear to the right the larger the bar the higher the volume is at that area on your charts this line in red is your point of control which is where the highest volume occurred or to be more specific an area where big buyers and sellers bought and sold the most at this era is of high interest to us because if there was high interest in the past when price comes back to this high volume area in the future big buyers and sellers might take big action at the area again which presents trade opportunities now here's where the magic happens notice how these reversal points also give you a key Zone the key Zone also lines up perfectly with your point of control high volume area which makes this an area of Confluence what this means is if price comes back to this high volume Zone and where the key level lines up perfectly this will present a high quality long trade setup you also have a trend line that crosses right at the area which again increases the quality of this area of Confluence and your long trade setup let's show this again this here is your point of control and high volume area notice how these reversal points also give you a key Zone the key Zone also lines up perfectly with your point of control high volume area which makes this an area of Confluence if price comes back down to this high volume Zone and where the key level lines up perfectly this will present a highquality long trade setup moving on to the most important trading tool footprint charts footprint charts allow you to see whether the big guys and large institutions are actually taking action which is what creates actual big volume and big momentum for your trades to set up the footprint charts at the top here go down to volume footprint and select it you'll then then see it applied to the right and left side of every single Candlestick so here's how to read footprint charts on the left each box is the selling volume that occurred at the specific price to the right on the right each box is the buying volume that occurred at the specific price to the right you can already see how this makes a huge difference because you can actually see the buying and selling that is actually occurring by behind the scenes at each price level instead of just looking at a Candlestick on its own point of control this area in white is known as the point of control and is where the most trading volume occurred meaning the area was of the highest interest to buyers and sellers this is important because if there was Heavy interest at this area in the past there may be heavy interest again once price comes back to this area on the lower intraday time frames meaning point of controls can be used as entry points and exit points for future trade setups total volume overall this number here is the total volume overall for that entire Candlestick meaning if you add up all the buying and selling volume you get this number using total volume is good when you want to compare the volume of one Candlestick against another for trade opportunities Delta this here is your Delta Delta is the difference in volume between all buying volume versus all selling volume so when you see the Delta number in green it means there was overall more buying volume than selling volume and the number is by how much this can be seen as a bullish indicator when you see the Delta number in red it means there was overall more selling volume than buying volume and the number is by how much this can be seen as a bearish indicator changing to a Delta chart in instead of having both the buy volume and sell volume on each side you can change your footprint chart settings to just show the Delta for each row rightclick on your charts and click settings beside type click the dropdown menu and click Delta now on your charts it just shows one row with the Delta number for that row and price so when you see green that means there was overall more buying than selling that occurred at that price level and the number is by how much when you see red that means there was overall more selling than buying at that price level and the number is by how much using Delta this way allows you to see whether each price level is bullish or bearish which you can then apply to the lower intraday time frames for trade entry and exit points let's now get into some footprint chart strategies the volume Spike strategy this reversal Point gives you a key support level as price comes back down you have a gap down followed by a very long wi candle which presents a long trade setup now when you look at the total volume of the Candlestick notice how it is significantly larger than the past three candles and larger than all the candles in the recent downwards move meaning big buyers and sellers are taking action at the level and closing their short positions and opening new long positions regardless after this Candlestick pattern forms and you have a spike in volume you need to go to the lower intraday time frames and use our entry and exit strategy let's show this again these reversal points give you a very key support Zone as price comes back down to the Zone notice how you have multiple candlesticks reacting to the Zone but there was no significant volume spikes until you have this very longwick candle here form where the volume spikes and is at over 105,000 compared to all past 10 candles the number and volume of this candle is significantly larger than most the past candles this shows that big buyers and sellers are finally taking action at the level and closing their short positions and opening new long positions regardless after after this Candlestick pattern forms and you have a spike in volume you need to go to the lower intraday time frames and use our entry and exit strategy notice how large this upwards move ended up being because using volume allows you to see where the big boys are entering and as a result gives you real momentum for your trade setups now moving on to the next footprint chart strategy which is the Delta change strategy step one identify a key level these two reversal points give you a key support level this level is key because two times in the past when price came down to this level it failed to break through and bounced upwards this means if this level was of interest to buyers and sellers in the past then it can be of interest to buyers and sellers in the future if price comes back which means long trade opportunities Arise at this level step two if price comes back to the level look for Price action at the level price comes back to the key level and you have two candles forming right at the key support level and that failed to break through the support level and failed to form a lower low which is price action that tells you that buyers and sellers are taking action at the level and holding the level strong this then also means you have a triple bottom pattern which is a reversal pattern because short sellers tried three times to push price lower but failed step three look for a change in Delta after consecutive opposing Delta so when we zoom in notice how when price came down to the key level you had all red Delta meaning four consecutive candles in a row where there was overall more selling volume than buying volume meaning sellers were in full control of the downtrend and bearish momentum you then finally had green Delta appear after four red Delta prints meaning you finally have more buying volume than selling volume which shows that short sellers are losing Steam and closing their short positions and that buyers are stepping in and are now taking control which signals a loss of bearish momentum and the start of bullish momentum step four look for a trend change confirmation after your Delta change after you had this candle here with the Delta change to Green positive Delta we need to look for any form of trend change confirmation price action so when we zoom out you can place a trend line like this and once it broke here with the higher high this confirms the trend change and is the start of the next leg up this is also a descending triangle pattern which is a trend continuation pattern when broken above above step five intraday entry point after the trend line break and higher high you go to the lower intraday time frames to find an exact long entry point using our key orderflow entry strategy and Tool if you zoom out even further you can see how massive this move ended up being this is the power of combining price action with order flow now going in the opposite direction step one identify a key level price comes up before reversing drastically giving you a key resistance level this level is key because if buyers and sellers took action at this level in the past when price comes back to this level in the future there might be interest again meaning short trade opportunities Arise at this level step two if price comes back to the level look for Price action at the level price comes back to the level and you have a very longwick candle that forms right at the key resistance level and failed to form a higher high bullish engulfing candle the candle with the very long Wick sticking out the top is price action that tells you that buyers are taking profit and that sellers are opening new short positions step three look for a change in Delta after consecutive opposing Delta so when we zoom in notice how when price came up to the key level you had all Green Delta meaning four consecutive candles in a row where there was over overall more buying volume than selling volume meaning buyers were in full control of the uptrend and bullish momentum you then finally had red Delta appear after four green Delta prints meaning you finally have more selling volume than buying volume which shows that long buyers are losing Steam and closing their long positions and that sellers are stepping in and are now taking control which signals a loss of bullish momentum and the start of bearish momentum step four look for a trend change confirmation after your Delta change you can enter on the bearish engulfing confirmation candle but for an earlier entry point you need to look inside of the longwick Delta change candle on a lower intraday time frame for Price action that signals a trend change from an uptrend to a downtrend and then enter using our key orderflow entry strategy and Tool now moving on to the next footprint chart strategy the point of control strategy this reversal Point gives you a key support level notice how your point of control and where the most volume occurred for that candle also lines up in the same area as price comes back down you had a longwick candle form right at the key level now here's the key to this strategy this candle's point of control and high volume area lines up perfectly with the point of control to the left and to where the reversal point was you have a point of control Confluence area this shows that the big guys took action in the same area and presents a highquality long trade setup as always you would then go to the lower intraday time frames to find an exact entry point using our entry and exit strategy your target one would be here at your recent swing high and resistance level let's show this again this reversal Point gives you a key resistance level notice how your point of control and where the most volume occurred for that candle also lines up in the same area as price comes back up you have a longwick candle form right at the key level again here's the key to this strategy this candle's point of control and high volume area lines up perfectly with the point of control to the left and to where the reversal point was you have a point of control Confluence area this shows that the big guys took action again in the same area and presents a highquality short trade setup as always you would then go to the lower intraday time frames to find an exact entry and exit Point using our entry and exit strategy now moving on to the next footprint chart strategy which is the Stacked imbalance strategy imbalances are one of the most important parts of footprint charts so first what are imbalances exactly imbalances are areas on your chart where there was a large gap or large discrepancy between buyers and sellers when you rightclick on your chart and go to settings you can see that the imbalance here is set to a default of 300% meaning imbalances on your footprint chart will only appear when there is a gap or discrepancy of 300% or more now on your charts imbalances are shown through these highlighted areas to the right and left again they only appear when there is an imbalance or volume gap of 300% or more on the right side when you see the imbalance in green it shows a big buying imbalance meaning that price area experienced 300% or more buying volume than selling volume thus creating an imbalance because there was significantly more buying interest than selling interest in that area imbalances are diagonally calculated from bottom left and upwards to the right so when you see a buy side imbalance you're looking at this number here against the highlighted number here and the volume gap between the two numbers is 300% or more on the left side when you see the imbalance in red it shows a big selling imbalance meaning that price area experienced 300% or more selling volume than buying volume thus creating an imbalance because there was significantly more selling interests than buying interest in that area again imbalances are diagonally calculated from bottom left and upwards to the right so when you see a sell side imbalance you're looking at this number here against the highlighted number here and the volume gap between the two numbers is 300% or more so what are stacked imbalances then just like the name says stacked imbalances are when you have multiple imbalances stacked on top of each other thus creating a zone that presents trade entry and exit opportunities to set up stacked imbalances rightclick on your charts and go to settings in the imbalances section click where it says stacked levels the default is set to three which means the Stacked imbalances will only appear on your charts when there are three imbalances on top of each other we use a tweaked version of these settings but to keep it simple for this video leave everything else as the default now back in your charts when you see the green highlighted rows that stretch across your charts these are buide stacked imbalances meaning three imbalances stacked on top of each other buy side stacked imbalances can act as a form of support meaning long trade opportunities Arise at these areas and also these areas can act as places to close your short positions when you see the red highlighted rows that stretch across your charts these are cell-side stacked imbalances meaning three imbalances stacked on top of each other cellid stacked imbalances can act as a form of resistance meaning short trade opportunities Arise at these areas but also you can use these areas to close your long positions so let's show how to use stacked imbalances on their own for trade entries here is your buy side stacked in Balance price came down formed a longwick candle followed by a bullish green candle which presented a long trade opportunity as the buy side stacked inbalance acted as a form of support here is your second buy side stacked imbalance price came down and formed a bearish engulfing candle that broke right through the Stacked imbalance so there was no long trade opportunity here is your third buy side stacked imbalance price came down and formed a candle with the wick sticking out followed by a green inside bar which shows a reaction to the Stacked imbalance and presented a long trade opportunity price comes down forms a very long with candle at the Stacked imbalance presenting another long trade opportunity going in the opposite direction here is your cells side stacked balance price came up and formed a very long with candle which presented a short trade setup because the sell side stacked in Balance acts as a form of resistance before price reversed downwards as always we like to combine trading tools with other price action methods in order to enter higher quality trades so let's now combine stacked and balances with key levels for the strategy go to your settings and change it from three stacked imbalance levels to two stacked imbalance levels because since we're combining imbalances with traditional key support and resistance levels we loosen up the requirements in order to find more trade setups as two stacked IM balance levels is still very high quality now on your charts these three reversal points give you a key level here's your entry number one through the very longwick candle at the key support level at where the trend line crosses and also where the Stacked buide imbalance lines up perfectly at the same area which presented a highquality Confluence stacking long trade setup you would then go to the lower intraday time frames and enter using our orderflow entry strategy these four reversal points then create another key support level here's your entry number two through the very longwick candle at the key support level at where the trend line crosses and also where the Stacked Buy side imbalance lines up perfectly at the same area which presented another highquality Confluence stacking long trade setup you would then go to the lower intraday time frames and enter using our orderflow entry strategy these five reversal points create another key level here's your entry number three through the two candles with the Wix sticking out at the key support level at where the trend line crosses and also where the Stacked buy side and balance lines up perfectly at the same area which presented another highquality Confluence stacking long trade setup you would then go to the lower in time frames and enter using our orderflow entry strategy notice how each trade became more and more profitable because the more you stack Confluence factors the higher the trade quality increases which results in larger trades let's show this again this swing low huge reversal Point gives you a very key support level your stacked buy side and Bounds also lined up in the same area when price came back down you had a long wi candle form right at the support level and at where the buy side imbalance lines up as well which presented a highquality confluent stacking long trade setup the next candle failed to break through and also had the wick sticking out the top side which shows another reaction to the area you would then go to the lower intraday time frames and enter using our orderflow entry Strat stry now at the top these two reversal points give you a key resistance level and also the cell side stacked in Balance lines up as well now when price got to the area you had no Candlestick pattern form and instead price gapped through the level meaning you had no reason to close your long position but also no reason to open a new short position this also shows how important the concept of knowing where price is coming from is because long Traders loaded up on Long trades at your trigger event area here so the momentum was so strong and they weren't looking to close their positions out so fast price then continues on upwards and here's your next stacked cell side imbalance Zone notice how many imbalances are stacked up at this area making it a resistance wall but now the most important part is that this massive very long W candle forms right at the Stacked cell side imbalance Zone which shows buyers taking profit and sellers opening new short positions which may result in a reversal you also have this Gap up here which may result in a gap fill back down regardless all of this signals that this is a great exit point for your long trade you took earlier and this was clear through the reversal of price that eventually occurred now going in the opposite direction this swing High reversal Point gives you a very key resistance level due to how drastically price reversed after it got there your stacked sells side in Balance also lined up in the same area when price came back up you had a candle with the wick sticking out right at the resistance level and where the cell side imbalance lines up as well which presented a highquality confluent stacking short trade setup the following candle also failed to push higher and instead formed a bearish engulfing candle which again confirms the area is holding strong you would then go to the lower intraday time frames and enter using our orderflow entry strategy let's show this again this is the Tesla stock trade we took using this exact strategy all these reversal points give you a very key Zone as price comes back down you have a gap down right into the Zone followed by a massive bullish momentum candle which means a possible Gap fill is coming and presents a long trade setup let's now turn on the footprint charts notice how the Stacked imbalance lines up perfectly with where your long trade setup was and where the key zone is making this a Confluence Zone in a very highquality long trade setup as always you would then go to the lower entay time frames and use our orderflow entry and exit strategy and key tool now the techniques and strategies we've covered in this video are very basic and only scratching the surface you need to learn all these Advanced orderflow methods and strategies and so much more that we cover with our members without learning all of these you're trading blind so to access our free orderflow trading guide click the link below this video or go to WIS trade.com as always please hit the like button as it goes a long way in supporting our team so thanks for watching and I'll see you in the next episode [Music] I