Candlestick Basics Pdf May 2026

: Indicates the lowest price reached during the period.

: 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

Patterns are categorized by their signal: whether the current trend is likely to continue or reverse. : Indicates the lowest price reached during the period

: Indicates the highest price reached during the period. Insights and Tips - N26 Patterns are categorized

: 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: .

: Long bodies indicate strong buying or selling pressure, while short bodies suggest low activity or indecision. 2. Essential Candlestick Patterns

: Indicates the lowest price reached during the period.

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

: Indicates the highest price reached during the period.

: 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: .

: Long bodies indicate strong buying or selling pressure, while short bodies suggest low activity or indecision. 2. Essential Candlestick Patterns