candlestock

bullish candle = market opens low and closes high - the wick is where the price travels higher and then closes lower - price travels above the close

bearish candle market opens high closes low

wicks mean weakness, the trend is dying shortly after\

when wicks are above the candle bears are in control

when wick is below bulls are in control - when bulls are in control there is a continuation in the trend and more selling happens.

inside candles (wick on top and bottom) promote a sell off (stock falling)

[plot the bottom of the wick (find the line), bottom of the candle and top of the candle

these are the levels to trade off of ^] these levels help find trends

ABOVE CANDLE/ (IN TOP WICK) IS SUPER BULLISH
BOTTOM OF CANDLE (NOT THE WICK, JUST SOLID CANDLE COLOR) IS SLIGHLTY BULLISH
MIDDLE OF WICK IS SEMI BEARISH
BOTTOM OF THE WICK IS BEARISH

basically if it's above the top 2 lines out three, it's bullish (GET DAT MONEY)

the longer the wick, the higher the chance of a reversal (the stock going in the opposite direction)

2 wicks in a row is an even higher sign that the stock will reverse

SMALL WICKS: are good for trending or inside days-

INSIDE CANDLES -  when a stock is consolidating: when we see the market trading within the range of the previous day. small wicks don't produce long term movements in any direction.

the more inside candles the higher chance of a breakout

TRENDING DAYS:
small wicks on trending days mean we are above the higher low of the previous day, were continuing

play the small wick momentum.

CONSOLIDATION: we aren't creating any upward or downward movement, we have multiple candles next to each other

BIG WICKS MEAN WEKANESS (REVERSAL COMING)
SMALL WICKS SIGNAL STRENGTH IN OVERALL TREND (will continue)

LEARN TO RECOGNIZE WHICH ARE INDSIDE DAYS AND WHICH ARE TRENDING DAYS


small wicks, small bodies (crosses) show the trend is about to change