āĻā§āϝāĻžāύā§āĻĄā§āϞā§āϰ āĻŦāĻĄāĻŋ
Candlestick Body āĻšāϞ⧠āĻāĻāĻāĻŋ Candle-āĻāϰ Open Price āĻāĻŦāĻ Close Price-āĻāϰ āĻŽāϧā§āϝāĻŦāϰā§āϤ⧠āĻ āĻāĻļāĨ¤
āϏāĻšāĻāĻāĻžāĻŦā§:
Body = Open āĻāĻŦāĻ Close-āĻāϰ āĻŽāϧā§āϝāĻāĻžāϰ Price Movement
Candle-āĻāϰ Body āĻāĻŽāĻžāĻĻā§āϰ āĻŦāϞ⧠āĻāĻāĻāĻŋ āύāĻŋāϰā§āĻĻāĻŋāώā§āĻ Timeframe-āĻ Price āĻā§āĻĨāĻž āĻĨā§āĻā§ āĻļā§āϰ⧠āĻāϰ⧠āĻā§āĻĨāĻžāϝāĻŧ Close āĻāϰā§āĻā§āĨ¤
Price Action Analysis-āĻ Body āĻ āϤā§āϝāύā§āϤ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖ, āĻāĻžāϰāĻŖ Body-āĻāϰ āĻāĻāĻžāϰ, āĻ āĻŦāϏā§āĻĨāĻžāύ āĻāĻŦāĻ Close-āĻāϰ āϏāĻŽā§āĻĒāϰā§āĻ āĻĨā§āĻā§ Price Movement-āĻāϰ āĻļāĻā§āϤāĻŋ āϏāĻŽā§āĻĒāϰā§āĻā§ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖ āϧāĻžāϰāĻŖāĻž āĻĒāĻžāĻāϝāĻŧāĻž āϝāĻžāϝāĻŧāĨ¤
ā§§. Candle Body āĻā§?
āĻĒā§āϰāϤāĻŋāĻāĻŋ Candlestick-āĻāϰ āĻĻā§āĻāĻŋ āĻĒā§āϰāϧāĻžāύ Price Point āĻšāϞā§:
Open āĻāĻŦāĻ CloseāĨ¤
āĻāĻ āĻĻā§āĻ Price-āĻāϰ āĻŽāϧā§āϝāĻŦāϰā§āϤ⧠āĻ āĻāĻļāĻ āĻšāϞ⧠BodyāĨ¤
āĻāĻĻāĻžāĻšāϰāĻŖ:
- Open = 100
- Close = 110
āĻāĻāĻžāύā§:
Body = 10 Price Units
āĻ āϰā§āĻĨāĻžā§ Price 100 āĻĨā§āĻā§ āĻļā§āϰ⧠āĻāϰ⧠110-āĻ Close āĻāϰā§āĻā§āĨ¤
āĻāĻŦāĻžāϰ:
- Open = 110
- Close = 100
āĻšāϞā§āĻ Body-āĻāϰ Size āĻšāĻŦā§ 10 Price UnitsāĨ¤
āϤāĻŦā§ Candle-āĻāϰ Direction āĻšāĻŦā§ BearishāĨ¤
⧍. Body āĻā§āĻāĻžāĻŦā§ āϤā§āϰāĻŋ āĻšāϝāĻŧ?
Body āύāĻŋāϰā§āϧāĻžāϰāĻŋāϤ āĻšāϝāĻŧ Open āĻāĻŦāĻ Close-āĻāϰ āϏāĻŽā§āĻĒāϰā§āĻā§āϰ āĻŽāĻžāϧā§āϝāĻŽā§āĨ¤
Bullish Candle
āϝāĻĻāĻŋ:
Close > Open
āϤāĻžāĻšāϞ⧠Body Open-āĻāϰ āĻāĻĒāϰ⧠Close āĻĒāϰā§āϝāύā§āϤ āĻĨāĻžāĻāĻŦā§āĨ¤
Bearish Candle
āϝāĻĻāĻŋ:
Close < Open
āϤāĻžāĻšāϞ⧠Body Open-āĻāϰ āύāĻŋāĻā§ Close āĻĒāϰā§āϝāύā§āϤ āĻĨāĻžāĻāĻŦā§āĨ¤
āĻ āϰā§āĻĨāĻžā§:
Bullish â Close āĻāĻĒāϰā§
Bearish â Close āύāĻŋāĻā§
ā§Š. Body-āĻāϰ Size āĻā§ āĻŦā§āĻāĻžāϝāĻŧ?
Body-āĻāϰ Size āĻāĻŽāĻžāĻĻā§āϰ Open āĻĨā§āĻā§ Close āĻĒāϰā§āϝāύā§āϤ Net Price Movement āϏāĻŽā§āĻĒāϰā§āĻā§ āϧāĻžāϰāĻŖāĻž āĻĻā§āϝāĻŧāĨ¤
āĻāĻĻāĻžāĻšāϰāĻŖ:
āĻā§āĻ Body
Open = 100
Close = 102
â Body = 2
āĻŦāĻĄāĻŧ Body
Open = 100
Close = 115
â Body = 15
āĻĻā§āĻŦāĻŋāϤā§āϝāĻŧ Candle-āĻ Net Movement āĻ āύā§āĻ āĻŦā§āĻļāĻŋāĨ¤
āϤāĻžāĻ āϏāĻžāϧāĻžāϰāĻŖāĻāĻžāĻŦā§:
āĻŦāĻĄāĻŧ Body = āĻŦā§āĻļāĻŋ Net Price Movement
āĻāĻŋāύā§āϤā§:
āĻŦāĻĄāĻŧ Body = āύāĻŋāĻļā§āĻāĻŋāϤāĻāĻžāĻŦā§ āĻŦā§āĻļāĻŋ Buyer/Seller Control
āĻāĻāĻŋ āϏāĻŦāϏāĻŽāϝāĻŧ āϏāϤā§āϝ āύāϝāĻŧāĨ¤
Body-āĻāϰ āĻ āϰā§āĻĨ āĻŦā§āĻāϤ⧠Context āĻŦāĻŋāĻŦā§āĻāύāĻž āĻāϰāϤ⧠āĻšāĻŦā§āĨ¤
ā§Ē. āĻŦāĻĄāĻŧ Body â Strong Price Movement
āĻāĻāĻāĻŋ Candle-āĻāϰ Body āϝāĻĻāĻŋ āĻāĻļā§āĻĒāĻžāĻļā§āϰ Candle-āĻāϰ āϤā§āϞāύāĻžāϝāĻŧ āĻāϞā§āϞā§āĻāϝā§āĻā§āϝāĻāĻžāĻŦā§ āĻŦāĻĄāĻŧ āĻšāϝāĻŧ, āϤāĻžāĻšāϞ⧠āϏā§āĻāĻŋ Price Expansion āĻŦāĻž āĻļāĻā§āϤāĻŋāĻļāĻžāϞ⧠Price Movement-āĻāϰ evidence āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻāĻĻāĻžāĻšāϰāĻŖ:
āĻāĻā§āϰ āĻāϝāĻŧā§āĻāĻāĻŋ Candle:
102 â 104 â 103 â 105
āϤāĻžāϰāĻĒāϰ āĻšāĻ āĻžā§:
105 â 118
āĻāĻāĻžāύ⧠āĻŦāĻĄāĻŧ Body āϤā§āϰāĻŋ āĻšāϝāĻŧā§āĻā§āĨ¤
āĻāĻāĻŋ Market-āĻ āύāϤā§āύ Momentum āĻŦāĻž āĻĻā§āϰā§āϤ Price Expansion-āĻāϰ āϏāĻŽā§āĻāĻžāĻŦāύāĻž āύāĻŋāϰā§āĻĻā§āĻļ āĻāϰāϤ⧠āĻĒāĻžāϰā§āĨ¤
āϤāĻŦā§ āĻāĻāĻŋ:
- Trend Continuation
- Breakout
- Liquidity Event
- āĻ āĻĨāĻŦāĻž Exhaustion
âāϝā§āĻā§āύ⧠āĻĒāϰāĻŋāϏā§āĻĨāĻŋāϤāĻŋāϰ āĻ āĻāĻļ āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
āϤāĻžāĻ āĻŦāĻĄāĻŧ Body āĻĻā§āĻā§āĻ Entry āύā§āĻāϝāĻŧāĻž āĻāĻāĻŋāϤ āύāϝāĻŧāĨ¤
ā§Ģ. āĻā§āĻ Body â Compression āĻŦāĻž Indecision
āĻā§āĻ Body āϏāĻžāϧāĻžāϰāĻŖāϤ Open āĻāĻŦāĻ Close-āĻāϰ āĻŽāϧā§āϝ⧠āĻāĻŽ Net Movement āύāĻŋāϰā§āĻĻā§āĻļ āĻāϰā§āĨ¤
āĻāĻĻāĻžāĻšāϰāĻŖ:
Open = 100
Close = 101
Body = 1
Price āĻšāϝāĻŧāϤ⧠āĻĻāĻŋāύā§āϰ āĻŽāϧā§āϝ⧠āĻ āύā§āĻāĻŦāĻžāϰ āĻāĻĒāϰā§-āύāĻŋāĻā§ āĻā§āĻā§, āĻāĻŋāύā§āϤ⧠āĻļā§āώ āĻĒāϰā§āϝāύā§āϤ Open-āĻāϰ āĻāĻžāĻāĻžāĻāĻžāĻāĻŋ Close āĻāϰā§āĻā§āĨ¤
āĻ āϧāϰāύā§āϰ Candle āĻāĻāύā§:
- Indecision
- Temporary Pause
- Consolidation
- Momentum-āĻāϰ āĻĻā§āϰā§āĻŦāϞāϤāĻž
- Compression
âāĻāϰ evidence āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
āϤāĻŦā§ āĻā§āĻ Body āĻāĻāĻž āĻā§āύ⧠āύāĻŋāϰā§āĻĻāĻŋāώā§āĻ Market Condition āύāĻŋāĻļā§āĻāĻŋāϤ āĻāϰ⧠āύāĻžāĨ¤
ā§Ŧ. Body āĻāĻŦāĻ Wick-āĻāϰ āĻĒāĻžāϰā§āĻĨāĻā§āϝ
āĻāĻāĻŋ āĻā§āĻŦ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖāĨ¤
Body
Open â Close
āĻ āϰā§āĻĨāĻžā§ Price-āĻāϰ Net MovementāĨ¤
Wick
High/Low āĻĒāϰā§āϝāύā§āϤ āĻ āϤāĻŋāϰāĻŋāĻā§āϤ Price Movement
āĻ āϰā§āĻĨāĻžā§ Price āĻā§āĻĨāĻžāϝāĻŧ āĻāĻŋāϝāĻŧā§āĻāĻŋāϞ āĻāĻŋāύā§āϤ⧠āĻļā§āώ āĻĒāϰā§āϝāύā§āϤ āϏā§āĻāĻžāύ⧠Close āĻāϰā§āύāĻŋāĨ¤
āĻāĻĻāĻžāĻšāϰāĻŖ:
- Open = 100
- High = 120
- Low = 95
- Close = 110
āĻāĻāĻžāύā§:
Body = 100 â 110
āĻāĻŋāύā§āϤ⧠Price:
95 â 120
āĻĒāϰā§āϝāύā§āϤāĻ āĻāĻŋāϝāĻŧā§āĻāĻŋāϞāĨ¤
āϤāĻžāĻ Candle-āĻāϰ āϏāĻŽā§āĻĒā§āϰā§āĻŖ Range Body-āĻāϰ āĻā§āϝāĻŧā§ āĻ āύā§āĻ āĻŦāĻĄāĻŧāĨ¤
ā§. Body āĻŦāύāĻžāĻŽ āϏāĻŽā§āĻĒā§āϰā§āĻŖ Candle Range
āĻāĻāĻāĻŋ Candle-āĻāϰ:
Range = High â Low
āĻāĻŦāĻ:
Body = |Close â Open|
āĻāĻĻāĻžāĻšāϰāĻŖ:
- Open = 100
- High = 120
- Low = 90
- Close = 115
āϤāĻžāĻšāϞā§:
Body = 15
āĻāĻŦāĻ:
Range = 30
āĻ āϰā§āĻĨāĻžā§ Candle-āĻāϰ Range 30 āĻšāϞā§āĻ Net Movement āĻŽāĻžāϤā§āϰ 15āĨ¤
āĻāĻāĻžāύ āĻĨā§āĻā§ āĻŦā§āĻāĻž āϝāĻžāϝāĻŧ āϝ⧠Price āĻ āύā§āĻāĻāĻž Movement āĻāϰā§āĻā§, āĻāĻŋāύā§āϤ⧠āĻĒā§āϰ⧠Movement-āĻāϰ āϏāĻŦāĻāĻž Open āĻĨā§āĻā§ Close-āĻāϰ āĻŽāϧā§āϝ⧠āϧāϰ⧠āϰāĻžāĻāϤ⧠āĻĒāĻžāϰā§āύāĻŋāĨ¤
ā§Ž. Body-to-Range Relationship
Professional Candlestick Analysis-āĻ āĻļā§āϧ⧠Body-āĻāϰ Size āύāϝāĻŧ, Body āĻŦāύāĻžāĻŽ āϏāĻŽā§āĻĒā§āϰā§āĻŖ Candle Range-āĻāϰ āϏāĻŽā§āĻĒāϰā§āĻāĻ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖāĨ¤
āϧāϰāĻž āϝāĻžāĻ:
Candle A
Body = 18
Range = 20
āĻāĻāĻžāύ⧠Body Range-āĻāϰ āĻŦāĻĄāĻŧ āĻ āĻāĻļ āĻĻāĻāϞ āĻāϰā§āĻā§āĨ¤
Candle B
Body = 5
Range = 20
āĻāĻāĻžāύ⧠Body Range-āĻāϰ āϤā§āϞāύāĻžāϝāĻŧ āĻ āύā§āĻ āĻā§āĻāĨ¤
āĻĻā§āĻāĻŋ Candle-āĻāϰ Range āĻāĻāĻ āĻšāϞā§āĻ āϤāĻžāĻĻā§āϰ Price Behavior āϏāĻŽā§āĻĒā§āϰā§āĻŖ āĻāĻŋāύā§āύ āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
Candle A â Strong Net Movement
Candle B â āĻŦā§āĻļāĻŋ Intraperiod Movement āĻāĻŋāύā§āϤ⧠āĻāĻŽ Net Movement
āϤāĻžāĻ Body-to-Range relationship Candle-āĻāϰ Quality āĻŦā§āĻāϤ⧠āϏāĻžāĻšāĻžāϝā§āϝ āĻāϰāϤ⧠āĻĒāĻžāϰā§āĨ¤
⧝. āĻŦāĻĄāĻŧ Bullish Body
āĻāĻāĻāĻŋ āĻŦāĻĄāĻŧ Bullish Body-āĻāϰ āĻā§āώā§āϤā§āϰā§:
Close > Open
āĻāĻŦāĻ Open āĻ Close-āĻāϰ āĻŽāϧā§āϝ⧠Price Difference āϤā§āϞāύāĻžāĻŽā§āϞāĻāĻāĻžāĻŦā§ āĻŦāĻĄāĻŧāĨ¤
āϝāĻĻāĻŋ Close High-āĻāϰ āĻāĻžāĻāĻžāĻāĻžāĻāĻŋ āĻšāϝāĻŧ āĻāĻŦāĻ Upper Wick āĻā§āĻ āĻšāϝāĻŧ, āϤāĻžāĻšāϞ⧠āĻāĻāĻŋ āĻļāĻā§āϤāĻŋāĻļāĻžāϞ⧠Upward Price Movement-āĻāϰ evidence āĻĻāĻŋāϤ⧠āĻĒāĻžāϰā§āĨ¤
āϤāĻŦā§ āĻĻā§āĻāϤ⧠āĻšāĻŦā§:
- āĻāĻāĻŋ āĻā§āĻĨāĻžāϝāĻŧ āϤā§āϰāĻŋ āĻšāϝāĻŧā§āĻā§?
- Resistance āĻāϤāĻāĻž āĻāĻžāĻā§?
- Market Structure Bullish āĻāĻŋ?
- Momentum āĻāĻā§ āĻĨā§āĻā§āĻ āĻļāĻā§āϤāĻŋāĻļāĻžāϞ⧠āĻāĻŋāϞ āĻāĻŋ?
- Candle-āĻāϰ āĻĒāϰ⧠Price āĻā§ āĻāϰā§āĻā§?
ā§§ā§Ļ. āĻŦāĻĄāĻŧ Bearish Body
āĻāĻāĻāĻŋ āĻŦāĻĄāĻŧ Bearish Body-āĻāϰ āĻā§āώā§āϤā§āϰā§:
Close < Open
āĻāĻŦāĻ Open āĻ Close-āĻāϰ āĻŽāϧā§āϝ⧠Price Difference āϤā§āϞāύāĻžāĻŽā§āϞāĻāĻāĻžāĻŦā§ āĻŦāĻĄāĻŧāĨ¤
āϝāĻĻāĻŋ Close Low-āĻāϰ āĻāĻžāĻāĻžāĻāĻžāĻāĻŋ āĻšāϝāĻŧ āĻāĻŦāĻ Lower Wick āĻā§āĻ āĻšāϝāĻŧ, āϤāĻžāĻšāϞ⧠āĻāĻāĻŋ āĻļāĻā§āϤāĻŋāĻļāĻžāϞ⧠Downward Price Movement-āĻāϰ evidence āĻĻāĻŋāϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻāĻŋāύā§āϤ⧠āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖ Support-āĻāϰ āĻ āĻŋāĻ āĻāĻĒāϰ āĻāĻŽāύ Candle āϤā§āϰāĻŋ āĻšāϞ⧠Downside Space āϏā§āĻŽāĻŋāϤ āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
āϤāĻžāĻ:
Strong Bearish Body â Automatic Sell
ā§§ā§§. Body-āĻāϰ āϏāĻā§āĻā§ Close Location
Body āĻŦāĻŋāĻļā§āϞā§āώāĻŖā§ Close āĻā§āĻĨāĻžāϝāĻŧ āϰāϝāĻŧā§āĻā§ āϏā§āĻāĻŋāĻ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖāĨ¤
āϧāϰāĻž āϝāĻžāĻ Bullish Candle:
- Open = 100
- High = 120
- Low = 98
- Close = 118
āĻāĻāĻžāύ⧠Close High-āĻāϰ āĻā§āĻŦ āĻāĻžāĻāĻžāĻāĻžāĻāĻŋāĨ¤
āĻāĻāĻŋ āĻĻā§āĻāĻžāϝāĻŧ Price āĻāĻĒāϰā§āϰ āĻĻāĻŋāĻā§ āϝāĻžāĻāϝāĻŧāĻžāϰ āĻĒāϰ āĻāĻā§āĻāϤāϰ Price-āĻāϰ āĻāĻžāĻāĻžāĻāĻžāĻāĻŋ āĻ āĻŦāϏā§āĻĨāĻžāύ āϧāϰ⧠āϰā§āĻā§āĻā§āĨ¤
āĻ āύā§āϝāĻĻāĻŋāĻā§:
- Open = 100
- High = 120
- Low = 98
- Close = 103
āĻāĻāĻžāύ⧠Candle Bullish āĻšāϞā§āĻ Close āĻ āύā§āĻ āύāĻŋāĻā§āĨ¤
āĻ āϰā§āĻĨāĻžā§ āĻāĻāĻ Bullish Candle-āĻāϰ Direction āĻĨāĻžāĻāϞā§āĻ Price Behavior-āĻāϰ āĻļāĻā§āϤāĻŋ āĻāĻ āύāϝāĻŧāĨ¤
⧧⧍. Body-āĻāϰ āϏāĻā§āĻā§ Wick āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
Body āĻāĻŦāĻ Wick āĻāĻāϏāĻžāĻĨā§ āĻĻā§āĻāϞ⧠Candle-āĻāϰ āĻāϰāĻ āĻĒāϰāĻŋāώā§āĻāĻžāϰ āĻāĻŦāĻŋ āĻĒāĻžāĻāϝāĻŧāĻž āϝāĻžāϝāĻŧāĨ¤
āĻŦāĻĄāĻŧ Body + āĻā§āĻ Wick
āϤā§āϞāύāĻžāĻŽā§āϞāĻāĻāĻžāĻŦā§ āĻĒāϰāĻŋāώā§āĻāĻžāϰ directional movementāĨ¤
āĻā§āĻ Body + āĻŦāĻĄāĻŧ Upper Wick
āĻāĻā§āĻāϤāϰ Price-āĻ Rejection āĻŦāĻž āĻĻā§āϰā§āĻŦāϞāϤāĻž āĻĨāĻžāĻāϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻā§āĻ Body + āĻŦāĻĄāĻŧ Lower Wick
āύāĻŋāĻŽā§āύ Price-āĻ Rejection āĻŦāĻž Buyer Response-āĻāϰ āϏāĻŽā§āĻāĻžāĻŦāύāĻž āĻĨāĻžāĻāϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻŦāĻĄāĻŧ Body + āĻŦāĻĄāĻŧ āĻĻā§āĻ Wick
āĻāĻā§āĻ Volatility āĻāĻŦāĻ āĻĻā§āĻ āĻĻāĻŋāĻā§āĻ āĻāϞā§āϞā§āĻāϝā§āĻā§āϝ Price Movement āĻĨāĻžāĻāϤ⧠āĻĒāĻžāϰā§āĨ¤
āϤāĻŦā§ āĻāĻā§āϞā§āϰ āĻā§āύā§āĻāĻŋāĻ āĻāĻāĻž Trade Signal āύāϝāĻŧāĨ¤
ā§§ā§Š. Body āĻāĻŦāĻ Market Momentum
Body Momentum āĻŦā§āĻāĻžāϰ āĻāĻāĻāĻŋ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖ āĻāĻĒāĻžāĻĻāĻžāύāĨ¤
āϧāϰāĻž āϝāĻžāĻ:
Candle 1 â āĻā§āĻ Bullish Body
Candle 2 â āĻŽāĻžāĻāĻžāϰāĻŋ Bullish Body
Candle 3 â āĻŦāĻĄāĻŧ Bullish Body
āĻāĻāĻžāύ⧠Price Movement āĻĻā§āϰā§āϤ Expand āĻāϰāĻā§āĨ¤
āĻāĻāĻŋ Increasing Bullish Momentum-āĻāϰ āϏāĻŽā§āĻāĻžāĻŦā§āϝ evidence āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻāĻŦāĻžāϰ:
āĻŦāĻĄāĻŧ Bullish Body â āĻā§āĻ Body â āĻāϰāĻ āĻā§āĻ Body
āĻĻā§āĻāĻž āĻā§āϞ⧠Momentum āĻāĻŽāĻā§ āĻŦāĻž Price Compression āĻšāĻā§āĻā§ āĻāĻŋ āύāĻž āϤāĻž āĻŦāĻŋāĻŦā§āĻāύāĻž āĻāϰāĻž āϝā§āϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻ āϰā§āĻĨāĻžā§:
Body-āĻāϰ āĻĒāϰāĻŋāĻŦāϰā§āϤāύāĻ Market-āĻāϰ āĻĒāϰāĻŋāĻŦāϰā§āϤāĻŋāϤ Behavior āϏāĻŽā§āĻĒāϰā§āĻā§ āϤāĻĨā§āϝ āĻĻāĻŋāϤ⧠āĻĒāĻžāϰā§āĨ¤
ā§§ā§Ē. Body Expansion
āϝāĻāύ Candle-āĻāϰ Body āĻāĻļā§āĻĒāĻžāĻļā§āϰ Candle-āĻāϰ āϤā§āϞāύāĻžāϝāĻŧ āĻĻā§āϰā§āϤ āĻŦāĻĄāĻŧ āĻšāϤ⧠āĻĨāĻžāĻā§, āϤāĻāύ āϤāĻžāĻā§ Body Expansion āĻšāĻŋāϏā§āĻŦā§ āĻĻā§āĻāĻž āϝā§āϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻāĻāĻŋ āĻĻā§āĻāĻž āϝā§āϤ⧠āĻĒāĻžāϰā§:
- Breakout-āĻāϰ āϏāĻŽāϝāĻŧ
- Strong Trend Movement-āĻ
- News-driven Volatility-āϤā§
- Liquidity Event-āĻāϰ āĻĒāϰ
- Momentum Expansion-āĻ
āĻāĻŋāύā§āϤ⧠Body Expansion-āĻāϰ āĻĒāϰ⧠Price āĻā§āĻāĻžāĻŦā§ React āĻāϰāĻā§ āϏā§āĻāĻŋāĻ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖāĨ¤
āĻāĻāĻāĻŋ āĻŦāĻĄāĻŧ Expansion Candle-āĻāϰ āĻĒāϰ⧠Price āϝāĻĻāĻŋ āĻĻā§āϰā§āϤ āĻĢāĻŋāϰ⧠āĻāϏā§, āϤāĻžāĻšāϞ⧠āϏā§āĻ Expansion-āĻāϰ āĻĒā§āϰāĻā§āϤāĻŋ āύāϤā§āύāĻāĻžāĻŦā§ āĻŽā§āϞā§āϝāĻžāϝāĻŧāύ āĻāϰāϤ⧠āĻšāĻŦā§āĨ¤
ā§§ā§Ģ. Body Compression
āϝāĻāύ Candle-āĻāϰ Body āϧā§āϰ⧠āϧā§āϰ⧠āĻā§āĻ āĻšāϤ⧠āĻĨāĻžāĻā§, āϤāĻāύ Market-āĻ Compression āϤā§āϰāĻŋ āĻšāĻā§āĻā§ āĻāĻŋ āύāĻž āϤāĻž āĻĻā§āĻāĻž āϝā§āϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻāĻĻāĻžāĻšāϰāĻŖ:
Large â Medium â Small â Smaller
āĻ āϧāϰāύā§āϰ Price Behavior āĻāĻāύā§:
- Momentum Slowdown
- Consolidation
- Temporary Pause
- Breakout-āĻāϰ āĻĒā§āϰā§āĻŦāĻŦāϰā§āϤ⧠Compression
âāĻāϰ āϏāĻā§āĻā§ āϏāĻŽā§āĻĒāϰā§āĻāĻŋāϤ āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
āϤāĻŦā§ Compression āĻĻā§āĻā§āĻ Breakout-āĻāϰ Direction āύāĻŋāĻļā§āĻāĻŋāϤ āĻāϰāĻž āϝāĻžāϝāĻŧ āύāĻžāĨ¤
ā§§ā§Ŧ. Body āĻāĻŦāĻ Market Context
āĻāĻāĻ Body āĻŦāĻŋāĻāĻŋāύā§āύ Context-āĻ āϏāĻŽā§āĻĒā§āϰā§āĻŖ āĻāĻŋāύā§āύ āĻ āϰā§āĻĨ āĻĻāĻŋāϤ⧠āĻĒāĻžāϰā§āĨ¤
Uptrend-āĻāϰ āĻŽāϧā§āϝ⧠āĻŦāĻĄāĻŧ Bullish Body
Trend Continuation-āĻāϰ āϏāĻŽā§āĻāĻžāĻŦā§āϝ evidence āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
Resistance-āĻāϰ āĻāĻžāĻā§ āĻŦāĻĄāĻŧ Bullish Body
Price Resistance Break āĻāϰā§āĻā§ āĻāĻŋ āύāĻž āϤāĻž āϝāĻžāĻāĻžāĻ āĻāϰāϤ⧠āĻšāĻŦā§āĨ¤
Downtrend-āĻāϰ āĻŽāϧā§āϝ⧠āĻā§āĻ Bullish Body
Temporary Pullback āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
Support-āĻāϰ āĻāĻžāĻā§ āĻŦāĻĄāĻŧ Bearish Body
Support āϏāϤā§āϝāĻŋāĻ Break āĻšāϝāĻŧā§āĻā§ āĻāĻŋ āύāĻž Candle Close āĻ āĻĒāϰāĻŦāϰā§āϤ⧠Price Action āĻĻāĻŋāϝāĻŧā§ āϝāĻžāĻāĻžāĻ āĻāϰāϤ⧠āĻšāĻŦā§āĨ¤
āĻ āϰā§āĻĨāĻžā§:
Body-āĻāϰ Meaning = Body + Location + Structure + Context
ā§§ā§. Body āĻĻā§āĻā§ āĻā§ āϏāĻŋāĻĻā§āϧāĻžāύā§āϤ āύā§āĻāϝāĻŧāĻž āĻāĻāĻŋāϤ?
Body āĻĻā§āĻā§ āϏāϰāĻžāϏāϰāĻŋ:
BUY
āĻ āĻĨāĻŦāĻž:
SELL
āϏāĻŋāĻĻā§āϧāĻžāύā§āϤ āύā§āĻāϝāĻŧāĻž āĻāĻāĻŋāϤ āύāϝāĻŧāĨ¤
āĻŦāϰāĻ Body-āĻā§ āĻāĻāĻāĻŋ Evidence āĻšāĻŋāϏā§āĻŦā§ āĻŦā§āϝāĻŦāĻšāĻžāϰ āĻāϰāϤ⧠āĻšāĻŦā§āĨ¤
Professional Trader-āĻāϰ āĻĒā§āϰāĻļā§āύ āĻšāĻŦā§:
Body āĻāϤ āĻŦāĻĄāĻŧ?
āĻāĻā§āϰ Candle-āĻāϰ āϤā§āϞāύāĻžāϝāĻŧ āĻā§āĻŽāύ?
Close āĻā§āĻĨāĻžāϝāĻŧ?
Wick āĻā§āĻŽāύ?
Price āĻā§āĻĨāĻžāϝāĻŧ?
Structure āĻā§ āĻŦāϞāĻā§?
Momentum āĻā§āĻŽāύ?
Liquidity āĻā§āĻĨāĻžāϝāĻŧ?
āĻĒāϰāĻŦāϰā§āϤ⧠Candle āĻā§ Confirmation āĻĻāĻŋāĻā§āĻā§?
ā§§ā§Ž. āĻāĻāĻāĻŋ āϏāĻŽā§āĻĒā§āϰā§āĻŖ āĻāĻĻāĻžāĻšāϰāĻŖ
āϧāϰāĻž āϝāĻžāĻ āĻāĻāĻāĻŋ Candle-āĻāϰ:
- Open = 100
- High = 121
- Low = 98
- Close = 118
āĻāĻāύ:
Body = 18
Range = 23
Close High-āĻāϰ āĻā§āĻŦ āĻāĻžāĻāĻžāĻāĻžāĻāĻŋāĨ¤
āĻāĻāĻžāύā§:
- Bullish Body āĻŦāĻĄāĻŧ
- Close āĻāĻĒāϰā§āϰ āĻĻāĻŋāĻā§
- Upper Wick āĻā§āĻ
- Lower Wick āĻā§āĻ
- Net Movement āĻļāĻā§āϤāĻŋāĻļāĻžāϞā§
āĻāĻāĻŋ āĻļāĻā§āϤāĻŋāĻļāĻžāϞ⧠Bullish Price Movement-āĻāϰ evidence āĻĻāĻŋāϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻāĻŋāύā§āϤ⧠āĻāĻāύ āĻāϰāĻ āĻĒā§āϰāĻļā§āύ:
āĻāĻ Candle āĻā§āĻĨāĻžāϝāĻŧ āϤā§āϰāĻŋ āĻšāϝāĻŧā§āĻā§?
āϝāĻĻāĻŋ āĻāĻāĻŋ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖ Resistance-āĻāϰ āĻ āĻŋāĻ āύāĻŋāĻā§ āϤā§āϰāĻŋ āĻšāϝāĻŧ, āϤāĻžāĻšāϞ⧠āύāϤā§āύ Buy āύā§āĻāϝāĻŧāĻžāϰ āĻāĻā§ Breakout Confirmation āĻĒā§āϰāϝāĻŧā§āĻāύ āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
āĻ āύā§āϝāĻĻāĻŋāĻā§ āϝāĻĻāĻŋ āĻāĻāĻŋ āĻāĻāĻāĻŋ āĻļāĻā§āϤāĻŋāĻļāĻžāϞ⧠Uptrend-āĻāϰ Pullback-āĻāϰ āĻĒāϰ āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖ Support āĻĨā§āĻā§ āϤā§āϰāĻŋ āĻšāϝāĻŧ, āϤāĻžāĻšāϞ⧠āĻāϰ Context āϏāĻŽā§āĻĒā§āϰā§āĻŖ āĻāĻŋāύā§āύ āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
⧧⧝. Body āĻŦāĻŋāĻļā§āϞā§āώāĻŖā§āϰ Professional Checklist
āĻāĻāĻāĻŋ Candle-āĻāϰ Body āĻĻā§āĻāϞā§:
Size
â Body āĻŦāĻĄāĻŧ, āĻŽāĻžāĻāĻžāϰāĻŋ āύāĻžāĻāĻŋ āĻā§āĻ?
Direction
â Bullish āύāĻžāĻāĻŋ Bearish?
Comparison
â āĻāĻā§āϰ Candle-āĻāϰ āϤā§āϞāύāĻžāϝāĻŧ Body āĻā§āĻŽāύ?
Range
â Body āĻāĻŋ āϏāĻŽā§āĻĒā§āϰā§āĻŖ Range-āĻāϰ āĻŦāĻĄāĻŧ āĻ āĻāĻļ?
Close
â Close āĻāĻŋ High/Low-āĻāϰ āĻāĻžāĻāĻžāĻāĻžāĻāĻŋ?
Wick
â āĻŦāĻŋāĻĒāϰā§āϤ āĻĻāĻŋāĻā§ Wick āĻāϤāĻāĻž?
Location
â āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖ Price Area-āϤ⧠āĻāĻŋ Candle āϤā§āϰāĻŋ āĻšāϝāĻŧā§āĻā§?
Structure
â Market Structure-āĻāϰ āϏāĻā§āĻā§ Body āϏāĻžāĻŽāĻā§āĻāϏā§āϝāĻĒā§āϰā§āĻŖ āĻāĻŋ?
Momentum
â Body Expansion āύāĻžāĻāĻŋ Compression āĻĻā§āĻāĻž āϝāĻžāĻā§āĻā§?
Confirmation
â āĻĒāϰāĻŦāϰā§āϤ⧠Price Action āĻā§ āĻŦāϞāĻā§?
⧍ā§Ļ. āύāϤā§āύ Trader-āĻāϰ āϏāĻžāϧāĻžāϰāĻŖ āĻā§āϞ
â āĻā§āϞ ā§§: āĻŦāĻĄāĻŧ Body āĻŽāĻžāύā§āĻ Entry
āĻŦāĻĄāĻŧ Body Price Movement āĻĻā§āĻāĻžāϝāĻŧ; āĻāĻāĻŋ āύāĻŋāĻā§ Entry Signal āύāϝāĻŧāĨ¤
â āĻā§āϞ ⧍: āĻā§āĻ Body āĻŽāĻžāύā§āĻ Market āĻĻā§āϰā§āĻŦāϞ
āĻā§āĻ Body Context āĻ āύā§āϝāĻžāϝāĻŧā§ Compression āĻŦāĻž Indecision-āĻāϰ āĻ āĻāĻļ āĻšāϤ⧠āĻĒāĻžāϰā§āĨ¤
â āĻā§āϞ ā§Š: Wick āĻŦāĻžāĻĻ āĻĻāĻŋāϝāĻŧā§ āĻļā§āϧ⧠Body āĻĻā§āĻāĻž
Body āĻāĻŦāĻ Wick āĻāĻāϏāĻžāĻĨā§ Candle-āĻāϰ āϏāĻŽā§āĻĒā§āϰā§āĻŖ āĻāϞā§āĻĒ āĻŦāϞā§āĨ¤
â āĻā§āϞ ā§Ē: āĻāĻā§āϰ Candle-āĻāϰ āϏāĻā§āĻā§ āϤā§āϞāύāĻž āύāĻž āĻāϰāĻž
āĻāĻāĻāĻŋ Body-āĻāϰ Size āĻāĻĒā§āĻā§āώāĻŋāĻāĨ¤ āĻāĻļā§āĻĒāĻžāĻļā§āϰ Candle-āĻāϰ āϏāĻā§āĻā§ āϤā§āϞāύāĻž āĻāϰāĻž āĻā§āϰā§āϤā§āĻŦāĻĒā§āϰā§āĻŖāĨ¤
â āĻā§āϞ ā§Ģ: Location āĻāĻĒā§āĻā§āώāĻž āĻāϰāĻž
āĻāĻāĻ Body Support, Resistance āĻāĻŦāĻ Trend-āĻāϰ āĻāĻŋāύā§āύ āĻ āĻŦāϏā§āĻĨāĻžāύ⧠āĻāĻŋāύā§āύ āĻ āϰā§āĻĨ āĻĻāĻŋāϤ⧠āĻĒāĻžāϰā§āĨ¤
⧍⧧. Key Takeaway
Candle Body = Open āĻāĻŦāĻ Close-āĻāϰ āĻŽāϧā§āϝāĻŦāϰā§āϤ⧠āĻ āĻāĻļāĨ¤
Body āĻāĻŽāĻžāĻĻā§āϰ āĻŽā§āϞāϤ āĻĻā§āĻāĻžāϝāĻŧ:
Price āĻā§āĻĨāĻž āĻĨā§āĻā§ āĻļā§āϰ⧠āĻāϰ⧠āĻā§āĻĨāĻžāϝāĻŧ Close āĻāϰā§āĻā§āĨ¤
āĻāĻŋāύā§āϤ⧠Professional Candlestick Analysis-āĻ Body-āĻāϰ:
Size â Direction â Range Relationship â Close Location â Wick â Context
āϏāĻŦāĻāĻŋāĻā§ āĻāĻāϏāĻžāĻĨā§ āĻĻā§āĻāϤ⧠āĻšāĻŦā§āĨ¤
RichDeFi Core Principle
âBody tells the Net Move; Context tells the Meaning.â
āĻ āϰā§āĻĨāĻžā§ Body āĻāĻŽāĻžāĻĻā§āϰ Price-āĻāϰ Net Movement āĻĻā§āĻāĻžāϝāĻŧ, āĻāĻŋāύā§āϤ⧠āϏā§āĻ Movement-āĻāϰ āĻŦāĻžāϏā§āϤāĻŦ āĻ āϰā§āĻĨ āĻŦā§āĻāϤ⧠Market Structure, Location, Liquidity, Momentum āĻāĻŦāĻ Confirmation āĻŦāĻŋāĻļā§āϞā§āώāĻŖ āĻāϰāϤ⧠āĻšāϝāĻŧāĨ¤
āĻāĻāĻāĻŋ āĻŦāĻĄāĻŧ Body āĻĻā§āĻā§ Trade āĻāϰāĻŦā§āύ āύāĻžāĨ¤
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