Patterns are categorized by their signal: whether the current trend is likely to continue or reverse.
: Long bodies indicate strong buying or selling pressure, while short bodies suggest low activity or indecision. 2. Essential Candlestick Patterns
: 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.
: Indicates the highest price reached during the period.
Patterns are categorized by their signal: whether the current trend is likely to continue or reverse.
: Long bodies indicate strong buying or selling pressure, while short bodies suggest low activity or indecision. 2. Essential Candlestick Patterns Candlestick Basics Pdf
: A small body at the top with a long lower wick; signals a potential bullish reversal after a downtrend. Patterns are categorized by their signal: whether the
: Indicates the lowest price reached during the period. Candlestick Basics Pdf
: Indicates the highest price reached during the period.