Candles DON'T Tell The FULL Story🚨
In this segment of the video, the presenter critiques the over‑reliance on candlestick patterns and introduces market‑profile concepts as a more comprehensive way to read price action. He describes an auction‑style market where price moves through distinct phases labeled A, B, C, and D, each representing a period of directional movement followed by a pause. The time the market spends in a price range defines the value area, while the region where price consolidates is identified as the congestion zone. By mapping these phases onto a chart, the speaker shows how the market’s auction dynamics—starting low, moving up, reaching a high, and then settling around the middle—provide clearer insight into market structure than isolated candlestick patterns.
