Pdf: Candlestick Basics

: 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

: The price closed higher than it opened. Candlestick Basics Pdf

: The rectangular center representing the range between the opening and closing prices. : The open and close prices are nearly

: The price closed lower than it opened. Shadows (Wicks) : The thin lines extending from the body. : The rectangular center representing the range between

: 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 specific timeframe (e.g., 1 minute, 1 hour, or 1 day) using four data points: .

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