Beginner's Simple Guide to Candlestick Charts: Understand Signals and Collect Profits

Candlestick charts are like the "daily battle reports" of the stock market. By understanding these basic patterns, we can follow signals to grab some small profits.

🔴 Master the Basic Language First

• Red Bull Candle: Close price is higher than open price, buyers are dominant, indicating an upward trend

• Green Bear Candle: Close price is lower than open price, sellers are dominant, indicating a downward trend

• Shadows (Small Tails): Upper shadow indicates a pullback after a rise; lower shadow indicates a rebound after a dip

📊 Key Patterns Explained in One Sentence

• Long Body Bull/Bear Candle: Red body indicates continuous rise, strongly bullish; green body indicates continuous fall, strongly bearish

• Hammer & Inverted Hammer: Hammer (long lower shadow) suggests a bottom rebound, bullish; Inverted Hammer (long upper shadow) suggests a top retreat, bearish

• Doji & Long Doji: Doji indicates indecision between bulls and bears, potential reversal; Long Doji indicates intense struggle, imminent change

• T-Shape & Inverted T-Shape: T-shape indicates strong support below, bullish; Inverted T-shape indicates strong resistance above, bearish

• Small Bull/Bear Candle: Small body, balanced forces, mainly observing

🎯 Tips for Beginners to Collect Profits

Single candlesticks can be easily "tricked," so it's important to analyze in conjunction with trend and volume. I usually focus on these signals to find opportunities. Follow my rhythm, and together we can steadily collect profits from the market.