How to Read “One-Candle Signals” Like a Pro
For short-term traders, a single candlestick can sometimes tell a big story. Mastering these “one-candle signals” can give you an early edge. Here are 4 popular ones to watch:
🔹 Long Upper Shadow – A hint of bearish pressure. Sellers step in to take profits, and the longer the shadow, the stronger the warning.
🔹 Long Lower Shadow – A bullish sign. Strong buying pushes price back up, and a longer lower shadow makes it more reliable.
🔹 Doji Candle – Open and close prices match. This “market indecision” can signal a trend reversal. (Fun fact: “Doji” is Japanese for “error” — because it’s rare for prices to match exactly!)
🔹 Umbrellas – Long lower wick formations.
• Hammer (Red) → Buying strength, possible price rise.
• Hanging Man (Green) → Sellers may be ready to take control.
⚠️ Pro Tip: Always read these signals in the bigger market context. Practice is key — candlesticks are powerful, but they’re not magic. And as always, DYOR before making any trading decision.