Lesson 1: Understanding Candlesticks & Market Psychology

Lesson Overview
Candlesticks provide a visual representation of price action and trader sentiment within a specific time period.

What Is a Candlestick
A candlestick shows the open, high, low, and close prices for a given timeframe.

Candlestick Structure
The body represents price movement
Wicks show rejection and volatility
Color indicates bullish or bearish sentiment

Market Psychology Behind Candlesticks
Each candlestick reflects the battle between buyers and sellers.

Key Takeaway
Candlesticks reveal market sentiment in a simple visual format.