Candlestick Basics Pdf May 2026

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

: The rectangular center representing the range between the opening and closing prices. Candlestick Basics Pdf

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

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

: Indicates the highest price reached during the period.