Candlestick Basics Pdf May 2026

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

: A small body at the top with a long lower wick; signals a potential bullish reversal after a downtrend. A single candlestick visualizes price action over a

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

: Long bodies indicate strong buying or selling pressure, while short bodies suggest low activity or indecision. 2. Essential Candlestick Patterns