Basics Pdf - Candlestick
: Indicates the lowest price reached during the period.
: The price closed lower than it opened. Shadows (Wicks) : The thin lines extending from the body.
: 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 Candlestick Basics Pdf
: The rectangular center representing the range between the opening and closing prices.
: A small body at the top with a long lower wick; signals a potential bullish reversal after a downtrend. : Indicates the lowest price reached during the period
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 a long upper wick; signals a potential bearish reversal after an uptrend. : The open and close prices are nearly
: Indicates the highest price reached during the period.