Candlestick analysis isn't just about colors — it's about decoding the battle between buyers and sellers. Each candle tells a story of momentum, rejection, and control.
Let’s break it down:
🟩 Green Candles (Bullish Sentiment)
1️⃣ Full Green Body (No Wicks)
➡ Buyers in total control.
➡ Strong upward momentum with no seller resistance — a powerful bullish signal.
2️⃣ Small Wick on Top
➡ Sellers tried to push back, but buyers closed strong near the high.
➡ Buyers still dominant.
3️⃣ Long Wick on Top
➡ Price went up, but sellers rejected higher levels.
➡ Sign of buyer weakness or profit-taking.
4️⃣ Doji-like Green Candle
➡ Market indecision.
➡ Neither side fully in control — watch for confirmation.
🟥 Red Candles (Bearish Sentiment)
1️⃣ Full Red Body (No Wicks)
➡ Sellers in full control.
➡ Strong downward move with no buyer support — a clear bearish sign.
2️⃣ Small Wick on Bottom
➡ Buyers tried to bounce back but failed.
➡ Sellers remained dominant.
3️⃣ Long Wick on Bottom
➡ Sellers pushed the price down, but buyers fought back.
➡ Sign of potential reversal or buyer strength.
4️⃣ Doji-like Red Candle
➡ Uncertainty in the market.
➡ Wait for a clearer move before making decisions.
💡 Key Takeaway:
Wicks show who attempted to control the market.
Bodies show who succeeded.
Mastering this dynamic helps you read market sentiment and make smarter trade decisions.
📈 Smart traders don’t just follow candles — they interpret them.
