Candlestick Basics Pdf Review

: 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

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

: 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.

: Indicates the highest price reached during the period. : The open and close prices are nearly

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

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

: Indicates the lowest price reached during the period.