: A small body at the top with a long lower wick; signals a potential bullish reversal after a downtrend.
This guide covers the fundamental components of Japanese candlesticks and essential patterns to help you interpret market sentiment. For a deeper dive, you can refer to the foundational work in . 1. Anatomy of a Candlestick
: The price closed lower than it opened. Shadows (Wicks) : The thin lines extending from the body.
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.
This guide covers the fundamental components of Japanese candlesticks and essential patterns to help you interpret market sentiment. For a deeper dive, you can refer to the foundational work in . 1. Anatomy of a Candlestick Candlestick Basics Pdf
: The price closed lower than it opened. Shadows (Wicks) : The thin lines extending from the body. : A small body at the top with
Patterns are categorized by their signal: whether the current trend is likely to continue or reverse. Candlestick Basics Pdf