Candlestick Basics Pdf File

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

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

: The open and close prices are nearly identical, resulting in a cross-like shape that signifies extreme market indecision. Multi-Candle Reversal Patterns What are Candlestick Patterns? Insights and Tips - N26 A single candlestick visualizes price action over a

: The rectangular center representing the range between the opening and closing prices. Candlestick Basics Pdf

: The price closed lower than it opened. Shadows (Wicks) : The thin lines extending from the body.