Sherell Leakes LLZl
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Candles
Every candle has its story.
A candle on the chart is not just a simple visualization of the opening and closing price – it is an imprint of price action that often reflects the entire market story.
For example, one daily (D1) candle can contain an entire sequence of events on a lower timeframe (e.g. M15) that correspond to individual phases.
• Accumulation → movement in a narrow range (consolidation), often near the opening price of the candle.
• Manipulation → a sharp movement in the opposite direction (creating a wick) aimed at activating Stop Losses.
A candle on the chart is not just a simple visualization of the opening and closing price – it is an imprint of price action that often reflects the entire market story.
For example, one daily (D1) candle can contain an entire sequence of events on a lower timeframe (e.g. M15) that correspond to individual phases.
• Accumulation → movement in a narrow range (consolidation), often near the opening price of the candle.
• Manipulation → a sharp movement in the opposite direction (creating a wick) aimed at activating Stop Losses.
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