The Language of Price | Lesson 11 – Candlesticks + S&R Theory 2Bitcoin / US DollarCOINBASE:BTCUSDARMA_Market_AnalysisEducational Context This lesson explores hypothetical resistance-based scenarios to illustrate how price behavior can be interpreted in a downtrend environment when candlesticks and support & resistance are analyzed together. The purpose is to improve market structure reading, not to forecast or promote directional trading. Scenario 1 – Fresh Resistance Reaction 📍 Resistance • Fresh formed 🕯️ Candlesticks • Shrinking candles • Long wick • Momentum 🧠 Interpretation ↳ Price reacts to newly formed resistance ↳ Buying pressure weakens into the zone ↳ Momentum begins to align with the prevailing downtrend structure Scenario 2 – Major Resistance Zone Confirmation 📍 Resistance • 2 rejections • Fresh formed • Huge move away • Respected as S & R in the past 🕯️ Candlesticks • Long wick • Inside candle • Color change • Momentum 🧠 Interpretation ↳ Multiple rejections validate the significance of the resistance zone ↳ Temporary consolidation reflects indecision near supply ↳ Structural pressure favors continuation within the broader trend context Scenario 3 – Strong Rejection From Fresh Resistance 📍 Resistance • Fresh formed • Huge move away 🕯️ Candlesticks • Shrinking candles • Long wick • Inverse long wick • Momentum 🧠 Interpretation ↳ Price rejection appears on both sides of the candle ↳ Reduced upside participation into resistance ↳ Market structure maintains downside control Key Educational Insight ➕ Candlesticks describe price reaction ➕ Support & Resistance define structural zones Combined, they provide contextual bias rather than certainty ⚠️ Important These scenarios do not imply trade execution or guaranteed outcomes. They are intended solely to support price behavior analysis and structural awareness. ETHICAL & EDUCATIONAL NOTICE This content is presented solely for educational and analytical purposes, based on historical price data. It does not promote or encourage any specific trading method, financial instrument, gambling, leverage, margin usage, short selling, or interest-based activity. Readers are encouraged to align any financial activity with their own ethical, legal, and religious principles. ⚠️ DISCLAIMER This material is strictly educational and informational. It does not constitute financial advice, investment recommendations, or trading instructions. The author does not provide personalized guidance. Any decisions made based on this content are the sole responsibility of the individual.