Reading Market Structure
Strip a chart back to what is actually happening: who is in control, where they lost it, and what that means for your next decision. No lagging indicators, no secret patterns - just a clear and repeatable way to read price.
Chapter 1 - What a chart is really showing you
A candlestick chart looks like a lot of information. It is not. It is four numbers per candle - open, high, low, close - repeated. Everything you will ever read on a chart comes from those four numbers and the order they arrive in.
That is worth sitting with, because it explains why adding more indicators rarely helps. A moving average is not new information. It is the same closing prices, averaged. An oscillator is the same prices, rearranged. Stack six of them and you have not learned anything new about the market; you have just made the same data harder to see.
So we go the other way. Take the indicators off. What is left is price, and price tells you one thing clearly: where buyers and sellers agreed to trade, and how eagerly.
A long candle with a small body and a long lower wick says price went down there and was rejected - somebody stepped in with size. A tight cluster of small candles says neither side has much conviction. A run of strong closes in one direction says one side is in control and the other is not showing up.
Read enough of these in sequence and a story appears: control, loss of control, handover. That story is market structure, and the next chapter is about naming its parts.
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