Explain: Candle PatternWhat is a Candlestick Pattern?
A candlestick pattern represents the price movement of an asset (like a stock) during a specific time frame. It shows open, high, low, and close prices in one candle.
Structure of a Candle
Each candle has:
Body: The range between open and close price.
Wick (or shadow): The lines above and below the body showing high and low prices.
Color: Green (bullish – price up) or Red (bearish – price down).
Candlemodel
Part 2 Candle Stick PatternUnderstanding Call and Put Options
There are two basic types of options: Call Options and Put Options.
Call Option:
A call option gives the holder the right, but not the obligation, to buy an underlying asset at a specific price (called the strike price) before a specific date (called the expiry date).
Put Option:
A put option gives the holder the right, but not the obligation, to sell an underlying asset at a specific strike price before expiry.

