Candlesticks
13 lessons in this track so far, in the order we suggest reading them.
Reading Candles
BeginnerHow to Read CandlesticksLearn to read candlestick charts: open, high, low and close, bodies and wicks, timeframes, and what a candle tells you about buyers and sellers.BeginnerMomentum CandlesMomentum candles have large bodies and small wicks, showing one side in control. Learn to spot them, what they signal at key levels and how to trade them.
Candlestick Patterns
BeginnerDojiA doji forms when open and close are nearly equal, showing indecision. Learn the doji types, dragonfly and gravestone, what they mean and how to trade them.BeginnerHammer and Hanging ManThe hammer and hanging man share a small body and long lower wick but mean different things by location. Learn to identify, confirm and trade both patterns.BeginnerShooting StarA shooting star has a small body and a long upper wick after a rise, showing rejection of higher prices. Learn how to confirm it and trade it at resistance.BeginnerEngulfing PatternsAn engulfing pattern is a two candle reversal where the second body fully covers the first. Learn bullish and bearish engulfing rules, context and trade setups.BeginnerMorning Star and Evening StarThe morning star and evening star are three candle reversal patterns. Learn their structure, what each candle shows, how to confirm them and how to trade them.BeginnerThree White Soldiers and Three Black CrowsThree white soldiers are three strong rising candles; three black crows are three strong falling ones. Learn the rules, context and signs of exhaustion.BeginnerPiercing Pattern and Dark Cloud CoverThe piercing pattern and dark cloud cover are two candle reversals where the second closes past the first candle's midpoint. Learn the rules and how to trade them.BeginnerHaramiA harami is a small candle contained inside the previous candle's body, signalling a pause. Learn bullish and bearish harami, the harami cross and how to trade them.BeginnerTweezer Tops and BottomsTweezer tops and bottoms are candles with matching highs or lows, showing a level was rejected twice. Learn the rules, context and how to trade them.BeginnerSpinning TopA spinning top has a small body with wicks on both sides, showing indecision. Learn what it means after trends, in ranges and how traders use it for timing.BeginnerMarubozuA marubozu is a candle with a full body and no wicks, showing total control by buyers or sellers. Learn the types, what they signal and how to trade them.