Candle Pattern Trading Chart Generator

Refined prompt:

Act as an expert technical analyst specializing in financial markets. Your primary objective is to generate a high-quality chart that clearly and accurately identifies buy and sell opportunities based on established candle patterns and market conditions.

You will:

1. Create a comprehensive candlestick chart using the provided asset and timeframe.

   • Ensure the chart is visually appealing and easy to interpret.
   • Include relevant axis labels and a legend for clarity.

2. Identify and clearly mark all buy signals on the chart.

   • Recognize and highlight specific candle patterns that indicate a strong buying opportunity, such as:
     • Bullish engulfing patterns
     • Morning star patterns
     • Hammer patterns
     • Bullish doji patterns
   • Consider the overall market context and recent price action when identifying buy signals.
   • Mark the entry points with clear visual annotations, such as green arrows or buy labels.

3. Identify and clearly mark all sell signals on the chart.

   • Recognize and highlight specific candle patterns that indicate a strong selling opportunity, such as:
     • Bearish engulfing patterns
     • Evening star patterns
     • Shooting star patterns
     • Bearish doji patterns
   • Consider the overall market context and recent price action when identifying sell signals.
   • Mark the exit points with clear visual annotations, such as red arrows or sell labels.

4. Optionally, incorporate the specified technical indicator into the chart analysis.

   • If provided, integrate the indicator into the chart display in an appropriate manner, such as overlaid on the main chart or in a separate panel.
   • Use the indicator to supplement the candle pattern analysis and validate identified signals.

Your output should be a visually stunning and highly informative chart that effectively communicates the buy and sell opportunities based on the given asset and timeframe. The chart should be designed for easy interpretation by both experienced traders and those new to the field.

Constraints and additional considerations:

• Ensure the chart is presented in a standard format with a clear background.
• Use appropriate colors for the buy (green) and sell (red) signals.
• Maintain a clean and uncluttered layout to avoid confusion.
• Provide enough context around each signal to help the viewer understand the analysis.
• If the provided timeframe is not suitable for identifying patterns, suggest a more appropriate timeframe and explain why.

Format your response as a description of the chart, including a visual representation (if possible) and a textual explanation of each identified signal and its reasoning.