Free lessons › Key Levels & Market Structure › Reading Candles in Context
Live chart examples
Walk through 5 charts and label structure together.
12 min · Beginner
What you'll learn
- Apply a fixed five-step routine to label any chart
- Recognize trends, ranges, rejections, impulses and structure breaks in context
- Write a bias and a clear invalidation point before considering a trade
Key takeaways
- A fixed labeling routine prevents you from skipping the step that matters most.
- Start with the higher timeframe, then swings, zones and key candles.
- Equal highs and lows mean a range, and the middle of a range is a no-trade zone.
- A break of the last lower high shifts bias to neutral first; wait for a higher low before looking for longs.
- Every chart label ends with a written bias and invalidation price.
Glossary
- Bias — Your one-word read of likely direction on a timeframe: up, down or range.
- Invalidation — The specific price that proves your read or trade idea wrong.
- Range — A market moving sideways between roughly equal highs and lows, with no clear trend.
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