ilmscore | Top 3 MOST Profitable Candlestick Chart Patterns (Full Training)

Predictions from this Video

Total: 22
Correct: 0
Incorrect: 0
Pending: 22
Unrated: 0
Prediction
Topic
Status
A specific candlestick pattern (stock squeezed up, topped out with one red candle, then a small candle) is an ideal buy signal, predicting upward continuation.
"I hope that you would say yes. And if you did, you would be absolutely right."
Stock Trading Pattern
Pending
A series of decreasingly smaller green candles followed by a dogee candle is predicted to precede a trend reversal, marked by subsequent red candles.
"Perhaps a dogee, the candle of indecision, and then perhaps a reversal, a couple of red candles coming back in."
Stock Trading Pattern
Pending
A dogee candle appearing at the top of an uptrend is an early warning sign that the next candle will be red, confirming a trend reversal downwards.
"If you see it as that, you'll know that if you're in from down here, you should probably get out because what would confirm this would be the next candle going red."
Stock Trading Pattern
Pending
A gravestone dogee at the top of an uptrend is very likely to be followed by the next candle opening and turning red, signaling a continued bearish reversal.
"it's very likely to p to follow this uh is that it opens and goes red, right?"
Stock Trading Pattern
Pending
A dragonfly dogee at the bottom of a downtrend indicates that a bullish reversal has already begun and is predicted to continue.
"The reversal has already begun. So that is bullish."
Stock Trading Pattern
Pending
A hammer candle at the bottom of a downtrend signals a bullish reversal and the formation of a price base.
"So in this case here, this is a bullish candle. It's called a hammer."
Stock Trading Pattern
Pending
A shooting star candle at the top of an uptrend indicates incoming weakness and a likely bearish reversal.
"the fact that it's reversed this much is obviously indicating the weakness is coming in."
Stock Trading Pattern
Pending
Candlestick patterns are predicted to be most effective as reversal indicators when they appear at the peak of strong trends in any financial instrument.
"these patterns are the most significant when they occur near the top of a stock that's or and it doesn't have to be a stock. It could be really any financial instrument, but when it occurs at the top of a really strong trend because what we're trying to identify are these moments where trend is shifting."
Stock Trading Strategy
Pending
After a hammer candle signals a potential bottom, a subsequent 'candle over candle' formation (a new high) confirms a trend reversal and predicts an upward move.
"The hammer at the bottom was the reversal indicator and then the candle making the new high is the confirmation... And as it goes higher, now you have traders who are buying and they're looking for a reversal of trend and a move back up."
Stock Trading Pattern (Candle Over Candle)
Pending
A bull flag pattern, characterized by an initial surge, a multi-candle pullback, and then a candle making a new high, is predicted to signal a trend reversal and a move towards a new high of the day.
"we're buying for the trend reversal and the move back to a new high of day... We get that first candle making a new high. And then the next candle is continuation. More traders come in here as this pushes towards a new high of day. And that's exactly what we want to see. So that right there is pretty much a picture perfect bull flag pattern."
Stock Trading Pattern (Bull Flag)
Pending
A large dogee candle appearing at the top of an uptrend is an immediate exit indicator due to high volatility and indecision, prompting a sale before a red candle forms.
"That is a large dogee. And that's communicating indecision... Once you get that larger dogee, it's time to get out."
Stock Trading Exit Strategy
Pending
An ABCD pattern (stock rallies, pulls back, fails to break initial low, then breaks previous resistance) is predicted to lead to a strong upward move with increased buying volume.
"If it doesn't break that lower level, then at that point, I'm looking for the first candle to make a new high right here... So when that level breaks right there, that's where I jump in... when these ABCD patterns work, you get even more buying volume."
Stock Trading Pattern (ABCD)
Pending
An ABCD pattern exhibiting multi-timeframe alignment (e.g., both 1-minute and 5-minute charts signaling a buy) is predicted to be a powerful setup, indicating strong upward potential.
"So you actually have multi-timeframe alignment where both the five minute and the one minute are giving us the same signal and it's a buy signal. So this is the ABCD pattern which is a very powerful setup."
Stock Trading Pattern (ABCD with Multi-Timeframe Alignment)
Pending
Applying the discussed candlestick patterns to stocks not meeting specific criteria (e.g., high relative volume, news catalyst) is predicted to result in inconsistent trading outcomes.
"If you try to apply the patterns that I just shared with you on the wrong stocks, you'll get inconsistent results."
Stock Trading Strategy
Pending
Trading instruments with high relative volume and news catalysts is predicted to lead to more pronounced and successful resolutions of candlestick patterns due to increased collective buying at clear signals.
"the clear buy signals, a lot of people are seeing them and then there's going to be a lot more buying at those logical points and you're going to see bigger resolution of these patterns."
Stock Trading Strategy
Pending
Candlestick patterns are predicted not to work on securities with zero volume, as price action is not driven by market sentiment.
"If you try to apply this to a security that has zero volume, then the candlesticks... They're not going to work."
Stock Trading Strategy
Pending
The speaker's top three candlestick patterns are predicted to work best and be most effective when applied to stocks that meet all five specific criteria: 10%+ daily gain, 5x relative volume, news catalyst, price between $2-$20, and a float under 10 million shares.
"My top three patterns work best on these types of stocks. Stocks that number one are already up at least 10% on the day. Number two have five times relative volume, number three have a news catalyst... And number four, most day traders prefer stocks between two and 20... And now number five, the stock should have a float or the number of shares available to trade of less than 10 million shares."
Stock Trading Strategy (Pattern Effectiveness)
Pending
The magnitude of a stock's price increase is predicted based on the ratio of its float to trading volume: a 10M float with 10M volume might only see a 10% move, while a 100M float with 10M volume might struggle to gain 1%.
"So, let's say we've got the float of 10 million shares and we have the same 10 million shares of volume... it wouldn't surprise me if instead of seeing the 100% move, we saw only a 10% move... You've got a stock with a 100 million share float, but it has only 10 million shares of volume... Man, this thing might not even go up 1%."
Stock Price Movement (Supply/Demand Imbalance)
Pending
Stocks characterized by very high demand and limited supply are predicted to be the most profitable to trade.
"the stocks that I tend to make the most money on will have this extreme relationship between very high demand and generally a limited level of supply."
Stock Trading Profitability
Pending
Learning candlestick patterns is predicted to enable traders to clearly identify effective buy and sell signals directly on charts.
"Once you learn these patterns, you're going to see the buy and sell signals right there on the chart."
Stock Trading Pattern Recognition
Pending
Traders who are most adept at predicting market movements and seeing into the future are predicted to achieve the highest profits.
"the traders who do it the best will make the most money"
Trading Success
Pending
The MACD indicator, when correctly applied to appropriate stocks, is predicted to provide very clear buy and sell signals.
"this gives very clear green light, red light buy and sell signals when you use the MACD on the right stocks."
Technical Indicators (MACD)
Pending