How To Read Stock Charts Without Getting Confused?

Have you ever tried to make a trading decision based on a chart pattern like the Head and Shoulder Pattern or Triangle Pattern or Cup and Handle Pattern, only to discover that other traders saw the pattern differently? It can be incredibly frustrating and confusing, not to mention risky. Chart patterns depend on so many variables and can be subject to individual interpretation, making them unreliable as a basis for trading decisions.

But hold on! Prateek Singh is here to teach you a new and better way to approach trading. By learning to read market psychology and how supply and demand form chart patterns, you can ditch the guesswork and trade with confidence!

00:00 Should you REALLY use chart patterns?
01:02 How Supply & Demand Translate on a Price Chart?
03:24 How to Identify Swing High and Swing Low?
06:33 How to Identify Trend Reversals?
08:00 Example #1 Nifty IT
10:06 Example #2 Bandhan Bank
10:45 Example #3 Reliance Industries
11:40 Example #4 Nifty Auto
12:31 Closing thoughts
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[joesphcu]

Everybody talks about which stocks to invest in; few talk about how to: Make the best investment plan possible, Take risk management seriously, Keep emotions in check on the market..

[Parzen]

The average stock in my portfolio has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this market?

[Joegolberg]

In trading, possessing technical analysis skills is not sufficient on its own; discipline and emotional maturity play crucial roles in achieving success. Embracing the mindset of "time in the market vs. timing the market" proves valuable, especially during market fluctuations. I attribute my growing daily earnings to Walter James's valuable insights and daily trade signals, coupled with my commitment to continuous learning, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!

[stevenjuan]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless. I’ve only ever saved($510, 000), never invested but want to start.

[williamsdanvers]

From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

[M_Harry]

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[mustaphasiddique]

I really appreciate the dedication in each video you post, I was able to build a big income stream investing with Mrs Katherine Flores

[Ogden]

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions

[AdolfoVelazquezmendez]

will never be stop recommending you to the real and legit Team who bring back my hope on Investment, thanks so much *WILLIAM DORSEY*

[CatalinaTaylor-gtjx]

Working with a financial expert could truly set you up for life. I'm delighted I was able to contact my coach Karim Elias Karim earlier this year because while others were busy whining about the downturn I was busy cashing out finally making over 370k only for the first quarter of the year.

[paulalonso]

The crypto market has been favourable in the past
weeks, I keep missing out on this opportunity, I'm
most certainly very impatient how can I ever make a
profit in the crypto market.

[smartbulldog]

:::I reached my goal of $200k yearly trade earnings. Setting realistic goals is an essential part of trading:::

[TiffanyEllent-u]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[poopy]

Guys don't listen to him
Patterns do work, Yes require a lot of practice and patience
U can easily get 1:2 1:3 rr with patterns

As patterns are subjective even swings are subjective
But patterns give u a sense of structure

Please stop misguiding people !

[Timeless_Trader]

This is simplest way to understand supply, demand and trend. Thanks

[sheikasweem]

I love how you used the onion example. Made me understand much more

[shanebrown]

This is the best I have ever see, , this man know how to explain simple than the rest of trading video that I watch on YouTube, , good one

[KendrikJames]

Productivity is never accidental; it is always the result of careful planning, dedication, and consistency. I am grateful to God for my advisor, Yuval Eric Brokman; with his help, I am now financially secure, earning between $10, 000 and $25, 000 per week.

[khaiderickmafa]

As a pattern trader I was offended at first and now am thankful for this video. ❤

[dianawalker]

You are amazing thank you so much for this video.I have been struggling to learn these patterns for 3 years and I find this video and the light bubble comes on..