In this tutorial, we break down candlestick analysis in a clear, structured, and practical way—focused on probability, context, and confirmation, not guessing.
You’ll learn what candlesticks really represent, how to read market intent behind them, and how to use them correctly within a high-probability trading framework.
🔍 What are candlesticks?
Candlesticks visually represent price behavior, showing the battle between buyers and sellers within a specific time period. Each candle tells a story—but only when read in context.
📘 Candlestick Types Covered in This Tutorial
📌 1) Shrinking Candlesticks
➡️ What is a shrinking candle?
Shows loss of momentum and potential market pause or reversal.
📌 2) Inside Bar Candlestick
➡️ What is an inside bar candle?
Indicates consolidation and compression before expansion.
📌 3) Takuri Line Candlestick
➡️ What is a Takuri Line candle?
A strong bullish rejection candle with a long lower wick.
📌 4) Hanging Man Candle
➡️ What is a hanging man candle?
Warns of potential bearish reversal after an uptrend.
📌 5) Inverted Hammer
➡️ What is an inverted hammer candle?
Shows buyer reaction after downside pressure.
📌 6) Shooting Star
➡️ What is a shooting star candle?
Signals seller dominance near highs.
📌 7) Spinning Top Candle
➡️ What is a spinning top candle?
Represents indecision between buyers and sellers.
📌 8) Spinning Bottom Candle
➡️ What is a spinning bottom candle?
Indicates uncertainty after downside movement.
📌 9) Doji Candle
➡️ What is a doji candle?
Shows balance—often a warning sign before a shift.
📌 10) Engulfing Candle
➡️ What is an engulfing candle?
Strong momentum candle that fully absorbs the previous one.
📌 11) Momentum Candlestick
➡️ What is a momentum candle?
Large-bodied candle showing aggressive participation.
📌 12) Change Color Candle
➡️ What is a change color candle?
Occurs after minimum 5 candles of one color, followed by a candle of the opposite color—often signaling momentum shift.
🧠 Best Practice
Candlesticks work best when multiple candles stack together, forming a story—not when traded individually.
This tutorial shows real chart examples of candle clustering and how to interpret them properly.
⚠️ Important Note
Candlesticks alone are NOT enough.
They should be combined with:
--> Support & Resistance
--> Areas of Confluence
--> Chart Patterns
--> Trendlines
--> Indicators
--> Other high quality traits
This is how high-probability setups are built.
👍 Want PART 2?
Leave a like and a comment below.
Follow for high-quality trading education and clean technical logic.
⚠️ DISCLAIMER
This content is for educational purposes only and does not constitute financial advice.
Trading involves risk—always conduct your own analysis.
I am not responsible for any decisions or losses based on this material.
You’ll learn what candlesticks really represent, how to read market intent behind them, and how to use them correctly within a high-probability trading framework.
🔍 What are candlesticks?
Candlesticks visually represent price behavior, showing the battle between buyers and sellers within a specific time period. Each candle tells a story—but only when read in context.
📘 Candlestick Types Covered in This Tutorial
📌 1) Shrinking Candlesticks
➡️ What is a shrinking candle?
Shows loss of momentum and potential market pause or reversal.
📌 2) Inside Bar Candlestick
➡️ What is an inside bar candle?
Indicates consolidation and compression before expansion.
📌 3) Takuri Line Candlestick
➡️ What is a Takuri Line candle?
A strong bullish rejection candle with a long lower wick.
📌 4) Hanging Man Candle
➡️ What is a hanging man candle?
Warns of potential bearish reversal after an uptrend.
📌 5) Inverted Hammer
➡️ What is an inverted hammer candle?
Shows buyer reaction after downside pressure.
📌 6) Shooting Star
➡️ What is a shooting star candle?
Signals seller dominance near highs.
📌 7) Spinning Top Candle
➡️ What is a spinning top candle?
Represents indecision between buyers and sellers.
📌 8) Spinning Bottom Candle
➡️ What is a spinning bottom candle?
Indicates uncertainty after downside movement.
📌 9) Doji Candle
➡️ What is a doji candle?
Shows balance—often a warning sign before a shift.
📌 10) Engulfing Candle
➡️ What is an engulfing candle?
Strong momentum candle that fully absorbs the previous one.
📌 11) Momentum Candlestick
➡️ What is a momentum candle?
Large-bodied candle showing aggressive participation.
📌 12) Change Color Candle
➡️ What is a change color candle?
Occurs after minimum 5 candles of one color, followed by a candle of the opposite color—often signaling momentum shift.
🧠 Best Practice
Candlesticks work best when multiple candles stack together, forming a story—not when traded individually.
This tutorial shows real chart examples of candle clustering and how to interpret them properly.
⚠️ Important Note
Candlesticks alone are NOT enough.
They should be combined with:
--> Support & Resistance
--> Areas of Confluence
--> Chart Patterns
--> Trendlines
--> Indicators
--> Other high quality traits
This is how high-probability setups are built.
👍 Want PART 2?
Leave a like and a comment below.
Follow for high-quality trading education and clean technical logic.
⚠️ DISCLAIMER
This content is for educational purposes only and does not constitute financial advice.
Trading involves risk—always conduct your own analysis.
I am not responsible for any decisions or losses based on this material.
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המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.