Basics of Candlesticks
A standard candlestick contains:
Body: Difference between open and close
Wicks/Shadows: High and low
Color: Bullish (often green/white) or bearish (red/black)
The structure itself provides signals:
Long bodies → strong momentum
Small bodies → indecision
Long wicks → rejection or strong counterforce
No wick → full control by one side
Understanding this foundation helps interpret every pattern that follows.
A standard candlestick contains:
Body: Difference between open and close
Wicks/Shadows: High and low
Color: Bullish (often green/white) or bearish (red/black)
The structure itself provides signals:
Long bodies → strong momentum
Small bodies → indecision
Long wicks → rejection or strong counterforce
No wick → full control by one side
Understanding this foundation helps interpret every pattern that follows.
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