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hello guys today you can learn candlestick patterns what is a candlestick a candlestick is a way of displaying information about an assets price movement candlestick charts are one of the most popular components of technical analysis enabling traders to interpret price information quickly and from just a few price bars this article focuses on a daily chart where in each candlestick details a single days trading it has three basic features the body which represents the open to close range the wick or shadow that indicates the intraday high and low the color which reveals the direction of market movement a green or white body indicates a price increase while a red or black body shows a price decrease over time individual candlesticks form patterns that traders can use to recognize major support and resistance levels there are a great many candlestick patterns that indicate an opportunity within a market some provide insight into the balance between buying and selling pressures while oth
