Let's now quickly summarize whatever we have learned till now.
We have seen that reversal patterns are those patterns which reversed the direction of existing trend.
So reversal can strike patterns.
See, for example, Margaret is falling, the pattern comes, it will reverse the direction market is
going up bearish, but the market will go down.
So Hanmer bullish engulfing bullish seeing Morningstar.
These are the popular bullish reversal patterns.
So they should come here and talking about bearish, one inverted, bearish, engulfing, bearish,
piercing evenings that they are the populace bearish reversal pattern, which if they come here, then
they will reverse the direction of the trend.
We also seen that before making any trade, we have to ensure these filters, we have to ensure filters
like risk reward, volume, support, resistance, trend line, then you get high probability trades.
I'm sure if you use these filters, you can increase your probability up to 75 to 80 percent of your
trades will be winners.
And that's a very good success rate.
Which one is to restore?
This is a very important success rate should be combined with this reward.
Success rate in itself is of no value.
If your risk reward is, for example, one to zero point two, you are losing one to get zero point
to you.
And if you have 80 percent success rate, you are ultimately going to lose money in the market.
So success rates should be combined with this reward to get high probability.
So I hope you have understood the major portion that I wanted to cover was bullish and bearish candlestick
patterns that I have covered in this case.
In last module, we are going to see some indecision, candlestick patterns.
Now we are seeing bullish and bearish patterns, but there are some patterns which are neither bullish
nor bearish.
Their indecision kendalls how to spot them and how to trade them.
That is what we are going to learn in the last module.
So see you in the next module.