Candlestick Patterns Cheat Sheet

A bullish (green) candlestick indicates upward price movement, where the closing price is higher than the opening price, suggesting buyer control. The candlestick’s body shows the open-to-close range, with a longer body signaling strong buying momentum. Wicks (shadows) above and below the body display the period's high and low prices; a long upper wick suggests seller resistance, while a long lower wick suggests buyer support.

A bearish (red) candlestick signals downward price movement, where the closing price is lower than the opening price, showing seller dominance. The body represents the open-to-close range, with a longer body indicating strong selling pressure. Wicks (shadows) above and below the body display the period's high and low prices; a long upper wick suggests buyers attempted to push higher but failed, while a long lower wick suggests sellers met buyer support.