Basic Candles

Candlesticks are going to be your primary method of reading a shares price history over a time period. Below you'll find the most common examples used in most trading platforms.

basic-candles

Short Green Candlestick

This candlstick implies a relatively weak buying pressure with a limited price movement.

Short Red Candlestick

This candlestick implies a relatively weak selling pressure with a limited price movement.

basic-candles
basic-candles

Green Candlestick

This candlestick implies normal buying pressure, and shows that prices advanced during the day from open to close and the buyers were in control.

Red Candlestick

This candlestick implies normal selling pressure, and shows that prices declined during the day from open to close and the sellers were in control.

basic-candles
basic-candles

Long Green Candlestick

This candlestick implies normal buying pressure, and shows that prices advanced during the day from open to close and the buyers were in control.

Long Red Candlestick

This candlestick implies relatively strong selling pressure, and shows that prices declined during the day significantly from open to close and the sellers were aggressive.

basic-candles
basic-candles

Green Spinning Top

This candlestick has a tiny green body with upper and lower shadows that have a greater length than the body. It is accepted as a type of Doji.

Red Spinning Top

This candlestick has a tiny red body with upper and lower shadows that have a greater length than the body. It too is accepted as a type of Doji.

basic-candles
basic-candles

Green Opening Marubozu

This candlestick represents extreme bullishness and it is characterized with a long green body that has an upper shadow but no lower shadow.

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Red Opening Marubozu

This candlestick represents extreme bearishness and it is characterized with a long red body that has a lower shadow but no upper shadow.

More Info

basic-candles
basic-candles

Green Closing Marubozu

This candlestick represents extreme bullishness and it is characterized with a long green body that has a lower shadow but no upper shadow.

Red Closing Marubozu

This candlestick represents extreme bearishness and it is characterized with a long red body that has an upper shadow but no lower shadow.

basic-candles
basic-candles

Green Marubozu

This candlestick represents extreme bullishness and is characterized by a long green body having no shadows on either end.

Red Marubozu

This candlestick represents extreme bearishness and is characterized by a long red body having no shadows on either end.

basic-candles
basic-candles

Doji

This candlestick is formed when the opening and closing prices are virtually equal.

Four Price Doji

This candlestick is simply a horizontal line that has no upper and lower shadows.

basic-candles
basic-candles

Long Legged Doji

This candlestick is a Doji with very long shadows.

Dragonfly Doji

This candlestick is a type of Doji characterized with no upper shadow but a long lower shadow.

basic-candles
basic-candles

Gravestone Doji

This candlestick is a type of Doji characterized with no lower shadow but a long upper shadow.