Candlestick Basics Pdf -

A single candlestick visualizes price action over a specific timeframe (e.g., 1 minute, 1 hour, or 1 day) using four data points: .

: Indicates the highest price reached during the period. Candlestick Basics Pdf

: Long bodies indicate strong buying or selling pressure, while short bodies suggest low activity or indecision. 2. Essential Candlestick Patterns A single candlestick visualizes price action over a

: A small body at the bottom with a long upper wick; signals a potential bearish reversal after an uptrend. Candlestick Basics Pdf

: The price closed higher than it opened.

Patterns are categorized by their signal: whether the current trend is likely to continue or reverse.