Candle Patterns

🔹 What Are Candlestick Patterns?

Candlestick patterns are formed by one or more candles on a price chart. Each candle shows:

Open price

High price

Low price

Close price

Candlestick patterns reflect the battle between buyers and sellers within a specific time frame.

🔸 Structure of a Candlestick

Body – Distance between open and close

Wick / Shadow – High and low prices

Bullish Candle – Close > Open

Bearish Candle – Close < Open