LESSON 10
 

CANDLESTICK BASICS

 

Lesson Overview
 

Candlesticks are one of the most misunderstood parts of trading.

Many beginners treat candles as signals or predictions. In reality, candles simply represent information about what already happened.

This lesson teaches you how to interpret candlestick behaviour properly without becoming dependent on memorising patterns.

Key Concepts Covered
 

• Open, high, low, close • Candle bodies and wicks • Rejection • Momentum • Indecision

What You Should Take Away
 

Candles provide context and behavioural information. They should never be used in isolation.

Workbook Focus
 

Focus on:

• Understanding wick rejection • Identifying momentum candles • Recognising indecision and hesitation • Viewing candles within market context