Becoming Pretty Profitable
7 minutes on the clock
Day 2 · Breakout room

Read this chart together

Get into groups of 3 to 4. You have 7 minutes. Read the chart as a team, talk it through, and agree on your answers. Pick a reporter before you start, they will share what your room found when we come back together.

Groups of 3 to 4 7 minutes Pick a reporter There are no wrong reads, only your read
Candlestick chart to read as a group
Same chart for every room. Read it top to bottom, left to right.
Before you answer, look for these
  • Trends: is price making higher highs and higher lows, lower highs and lower lows, or just ranging sideways?
  • Protected highs and protected lows: did price break one of them, and did the trend change after it did?
  • Candlesticks that stand out: big bodies with real conviction, long wicks where price got rejected.
1

How many trends did you spot?

Up, down, or ranging? How can you tell? Name where each one starts and ends if you can.
2

Did any protected highs or protected lows get broken?

Point to where it happened. What did price do right after the break?
3

Which candlesticks popped out at you?

Big bodies, long wicks, rejections. What was price telling you at those spots?
+

Anything else you noticed?

Optional. A question for the group, something you disagreed on, a spot you want me to explain.