A visual guide for momentum trading concepts:
This chart helps traders quickly interpret market sentiment based on candlestick shapes.
Top row (Green Candles): Bullish Momentum
Most Bullish: Large green candle with no wicks, indicating strong upward momentum.
2nd Most Bullish: Green candle with a small body and long lower wick, showing recovery after a dip.
Normal Bullish: Green candle with wicks on both ends, indicating moderate buying pressure.
Neutral Bullish: Small green-bodied candle with equal upper and lower wicks—market indecision with slight bullishness.
Least Bullish: Small green candle with a long upper wick, indicating weak buying pressure and possible rejection.
Bottom row (Red Candles): Bearish Momentum
Most Bearish: Large red candle with no wicks, showing strong downward momentum.
2nd Most Bearish: Red candle with a small body and long upper wick, suggesting rejection at higher prices.
Normal Bearish: Red candle with wicks on both ends—moderate selling pressure.
Neutral Bearish: Small red-bodied candle with balanced wicks, showing indecision with a bearish tilt.
Least Bearish: Small red candle with a long lower wick, showing selling pressure was met with buying support.
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