🌹Here are some valuable insights to share with you (be sure to save them quickly⭐) An explanation of the market Bull vs Bear Battle and some Candlestick patterns🔻

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If various technical indicators, candlestick patterns, and even theories are at the level of techniques, then understanding the Bull vs Bear Battle between the two sides is completely at a deeper level of "dao".
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This topic can be a bit abstract; essentially, the Bull vs Bear Battle is the essence of technical analysis, corresponding to various patterns derived from it, which are merely the results that emerge after the Bull vs Bear Battle.
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Most technical analysis theories only study the probabilities that may arise during this Bull vs Bear Battle.
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🔺 For example, in the wave theory, three waves may or may not appear after four or five waves, which is just a logical framework of deduction
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The viewing angle is narrowed down to a single K-line, whether it is 1 hour or 1 minute, as long as the K-line appears, it is the result of the battle between the long and short sides: the shadow line and the entity are the traces of the long and short battle
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🔺For example, a Pinbar ( Hammer Candlestick ) represents one side's strength being countered by the other side's strength.
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Technical analysis is just the surface; the Bull vs Bear Battle is the essence. The battle between bulls and bears is actually like marching into battle:
a) either one side is strong, one side is weak ( trend market )
b) or they are temporarily in a state of parity ( sideways market )
c) Either one side pressures the other side and takes the opportunity to counterattack while the other side is resting ( short-term rebound/correction )
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Talking about this can indeed be a bit abstract, but if you take a closer look, if you can understand this abstraction, you'll find that learning any other technical analysis school will become much easier.
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📍For example: When the price action shows that the bottom is gradually rising, it actually means that the buyers are slowly regaining momentum in this market, and the sellers are unable to further suppress the buyers. At this time, the morale of the buyers is boosted, which may lead to a reversal in the market.
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🔺 This is the logic of the five-wave deduction of the wave theory, and I would also like to say that it is sometimes difficult to remember the retracement position of a certain pattern very precisely
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Here’s another example of volume-price behavior: converging triangle pattern 🔻
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From the perspective of the Bull vs Bear Battle, the principle is: the process in which one side of the bulls or bears is gradually convinced by the other side.
🔺In the market, this means that the lows are gradually rising or the highs are gradually lowering. It can also be said that support and resistance are constantly being tested until the strength dissipates, and then one side declares victory and opens the market.
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All of the above is to say: understanding volume-price behavior or the Bull vs Bear Battle can provide a very solid foundation for our learning of technical analysis. Otherwise, if you memorize patterns and key levels like reciting a script for two or three years, you may still find it difficult to get started and apply it in long-term practice.
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Attached below is a chart: The volume-price behavior that may present in the accumulation phase of 12 types of market scenarios.

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