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Candlesticksignals

Candle Patterns Candlestick patterns are one of the most valuable tools for traders. They visually represent the battle between bulls and bears and reveal hidden clues about upcoming market movements. Whether you're trading intraday, swing, or positional, these patterns help spot reversals, continuations, breakouts, and exhaustion points. But remember: Candle patterns are most powerful when combined with trend analysis, support/resistance, volume, and market structure. Mastering them takes practice, but once you internalize their psychology, you can interpret charts with much more confidence and precision.
NSE:KOTAKBANKEducation
by TechnicalExpress
Candle Patterns ExplainedCandlestick patterns are one of the most powerful tools in technical analysis. They visually capture the battle between buyers and sellers and show you who is in control of the market at any moment. Each candle represents the market psychology of that particular timeframe—fear, greed, rejection, aggression, and hesitation. When you learn to read candles correctly, you understand the story behind price, not just the price itself. A single candlestick is made up of four important points: Open, High, Low, and Close (OHLC). The body of the candle represents the distance between open and close. The wicks (also called shadows) show the highest and lowest points reached during the candle. Bullish candles close higher than they open, while bearish candles close lower than they open. Candle patterns are broadly divided into three categories: Single-candle patterns, Double-candle patterns, and Triple-candle patterns. Each type gives different signals about trend continuation, reversal, or market indecision.
BSE:SENSEXEducation
by TechnicalExpress
Candle Patterns Explained Candlestick patterns are one of the most powerful tools in technical analysis. They help traders understand price movements, market psychology, and potential trend reversals. Each candlestick represents four key data points for a specific time frame: Open, High, Low, and Close (OHLC). The body shows the open and close, while the wicks (shadows) show the high and low. By studying these candles in combinations, traders can forecast upcoming market moves. 1. Bullish Candlestick Patterns 2. Bearish Candlestick Patterns 3. Continuation Candlestick Patterns Why Candlestick Patterns Matter Candlestick patterns work because they capture market psychology — fear, greed, indecision, and momentum. When combined with volume, support-resistance, and trend analysis, they become a highly effective decision-making tool for traders.
Education
by TechnicalExpress
Candle Patterns 1. Buyers Push price upward Create green candles Long wicks show rejection of low prices 2. Sellers Push price downward Create red candles Long top wicks indicate weakening buying strength 3. Indecision Appears in dojis and spinning tops Market is waiting for direction 4. Reversals Appear when buyers overpower sellers or vice-versa Engulfing, hammer, shooting star signal possible turning points 5. Continuation Patterns like Rising Three Methods show temporary rest before trend resumes
NSE:TATASTEELEducation
by TechnicalExpress
Real Knowledge of Candle Patterns Candlestick patterns are one of the most important tools in technical analysis. They help traders understand price movements, market psychology, and potential trend reversals or continuations. Each candlestick represents a battle between buyers (bulls) and sellers (bears). When you observe many candles together, you see patterns that reveal shifts in momentum. These patterns have been used for centuries—originating in Japan—and remain powerful even in modern algorithmic markets. To understand candlestick patterns, you must first understand the candle structure. A candlestick has four major price points: Open – the price at which the candle starts Close – the price at which the candle ends High – the highest price reached during the candle Low – the lowest price reached during the candle If the close is higher than the open, the candle is bullish (typically green or white). If the close is lower than the open, the candle is bearish (typically red or black). The body shows the open-close range, and the wicks (shadows) show the high-low range.
NSE:BANKNIFTYEducation
by TechnicalExpress
Part 2 Understanding the Master Candle ConceptWhat Are Options? Options are derivative instruments, meaning their value is derived from an underlying asset. The underlying asset can be a stock, index, commodity, or currency. There are two types of options: Call Option: Gives the buyer the right to buy the underlying asset at a specific price (called the strike price) before the expiry date. Put Option: Gives the buyer the right to sell the underlying asset at a specific price before the expiry date. For example: If you buy a NIFTY 50 call option at a strike price of 22,000, you are betting that the NIFTY will rise above 22,000 before expiry. If it does, your call option increases in value. If you buy a NIFTY put option at 22,000, you’re betting the index will fall below 22,000 — and the value of your put option will rise as the index drops.
NSE:HDFCBANKEducation
by SkyTradingZone
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.
MCX:GOLD1!Education
by SkyTradingZone
Part 1 Candle Stick PatternRisks and Rewards in Option Trading Option trading offers tremendous potential—but it comes with unique risks. Understanding these is essential: Limited Time: Options lose value as expiry nears due to time decay (Theta). Volatility Risk: Sudden drops in volatility can reduce option prices unexpectedly. Liquidity Risk: Some options have low trading volume, making it difficult to enter or exit positions. Leverage Effect: Options amplify both gains and losses. Margin Requirements (for Sellers): Option writers must maintain sufficient margin, as potential losses can be large.
FXOPEN:XAUUSDEducation
by SkyTradingZone
Shooting Star - Complete GuideWhat is the Shooting Star candlestick pattern? A shooting star candlestick pattern is a chart formation that occurs when an asset’s market price is pushed up quite significantly, but then rejected and closed near the open price. This creates a long upper wick, a small lower wick and a small body. The upper wick must take up at least half of the length of the candlestick for it to be considered a shooting star. And, it must appear at the top of an uptrend. As a result, the shooting star candlestick pattern is often thought to be a possible signal of bearish reversal. This means an uptrend might not continue (prices may fall). Traders should be careful not to confuse the shooting star pattern with an inverted hammer candlestick pattern. They both have a longer upper wick and small body. But the inverted hammer indicates bullish as opposed to bearish reversal. Also, the inverted hammer is often seen at the bottom of a downtrend. How to recognize it: i) Little to no lower shadow ii) The price closes at the bottom ¼ of the range iii) The upper shadow is about 2 or 3 times the length of the body What does Shooting Star tells you ? i) Shooting stars signals a potential downside reversal ii)A shooting star opens and rises strongly during the trading session, showing the same buying pressure that is seen over the last trading sessions. At the end of the trading session, the sellers push the price down near the open. or At the buying climax, huge selling pressure stepped in and pushed price lower. The selling pressure is so strong that it closed below the opening price. In short, a Shooting Star is a bearish reversal candlestick pattern that shows rejection of higher price. Before trading with the shooting star, one should remember the following points: Trade Entry: Before you enter a shooting star trade, you should confirm that the prior trend is an active bullish trend. Entry is below the Shooting Star candle low. Stop Loss: Place Stop Loss just above the high of Shooting Star candle or above recent high. Taking Profits: Minimum target is the size of the Shooting Star candle. I generally prefer 1:2 as first target. Best way to ride the move is to sit till any bullish signal is sensed. You can target previous swing lows or support zone. Examples- TATAMOTORS NIFTY NAUKRI High Probability Scenario:- i)Focus on the major Resistance levels, that’s where traders get trapped When you trade The Shooting Star candlestick pattern, you want to focus on trading the major Resistance levels (the ones which can be seen on the higher timeframe).When a level is obvious and the price breaks out of it, many traders will hop on the bandwagon and buy the breakout (hoping to catch a piece of the move).However, if the price makes a false breakout, this group of traders is trapped, and their stops will trigger strong selling pressure. Now, this is to your advantage because The Shooting Star candlestick pattern allows you to trade the false breakout and profit from “trapped” traders. So the more obvious the level, the more traders will get trapped — and you make more money. Conclusion So here’s what you’ve learned today: The Shooting Star candlestick is a bearish reversal pattern that shows rejection of higher prices. Just because you a spot a Shooting Star candlestick pattern doesn’t mean you go short immediately because you must also consider the context of the markets. Confirmation to go short is always below shooting star candle's low. Set your stop loss slightly above shooting star candle or above previous highs.
NSE:NIFTYEducation
by Omahto
8
Moods of Candlesticks 🎚How do you read a candle? The top or bottom of the candle body will indicate the open price, depending on whether the asset moves higher or lower during the selected timeframe. If the price trends up, the candlestick is often either green or white and the open price is at the bottom. viceversa if price trends down. Why Candlestick is important? They indicate market turning points early and estimate the direction of the market. Overall, Candlesticks provide unique insights. They display reversal patterns which cannot be seen in other types of charts. They can be used in all kinds of markets. Detailed Explanation :- Real Bodies Each candlestick is composed of a real body and two wicks (which are also called shadows or tails). The real body is the substantial part of the candle. It reflects the difference between the open and close price for that period. The open and close prices are the first and last transaction prices for that time period. When there is no real body or the real body is very small, it means the open and close prices were the same or almost the same. The real bodies are typically one solid color, though they may also be hollow, with only their edges displaying a color. Their coloring depends in part on the color scheme used by your charting platform, but white/black and green/red are commonly utilized. A white or green candle means the price finished higher over that time period. Because the closing price is higher than the open price, the bottom of the real body represents the open price and the top of the real body represents the close price. A black or red candle means the price finished lower over that time period. Therefore, the top of the real body is the open price and the bottom of the real body is the close price for that time period.​ Wicks or Shadows The wicks or shadows—the thin lines above and below the real body—represent the movements above and below the open and close prices. The highest part of the wick on top of the real body marks the high price for that period. If there is no upper wick, then the top of the real body was also the highest price during that period. The lowest part of the wick on the bottom of the real body marks the low price for that period. If there is no lower wick, then the bottom of the real body was also the lowest price during that period. The difference between the high and low prices is the price range for the period.
Education
by sankhyainvestments
23