How To Read Candlestick Charts?

Identify the open, high, low, and close for each candle

Read the body as the range between open and close

Read the wicks as the highest and lowest traded prices

Note candle color to see whether price closed higher or lower

Compare candle size to gauge buying or selling pressure

Look for long wicks to spot rejection of price levels

Look for small bodies to spot indecision

Look for large bodies to spot strong momentum

Check candle position relative to support and resistance

Observe sequences of candles to identify trends

Watch for bullish reversal patterns

Watch for bearish reversal patterns

Watch for continuation patterns

Confirm signals with volume when available

Combine candlestick reading with broader market context

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