Basics Pdf: Candlestick

: Indicates the lowest price reached during the period.

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

: A small body at the top with a long lower wick; signals a potential bullish reversal after a downtrend. 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

: Long bodies indicate strong buying or selling pressure, while short bodies suggest low activity or indecision. 2. Essential Candlestick Patterns : Indicates the lowest price reached during the period

: The price closed higher than it opened.

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

: Indicates the highest price reached during the period.