Candles

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Candles
Behold the humble
candle
Open
Close
High
Low
Understanding what price is doing inside a candle is key. 
There is a lot of detail within a single candle that we 
can easily ignore and forget. 
We don't need to know the names of the candles, 
How does knowing what a Doji candle benefit you 
if you dont actually know why its a doji? Where is the 
Logic there? 
There is none
The body represent volume 
of buyers for a bullish candle 
And Sellers for a bearish
candle 
Price starts here at the open
The Journey
Creates the low of the candle 
Creates the High of the candle 
Candle closes 
Bullish candle
Huge wick! 
What does it mean? 
This is the first sign of sellers entering the market. 
Why and how? 
Look at the volume on this bullish candle. Now for a
bullish candle this is not normal volume with a wick
this big. Follow the Journey of price within the candle. 
Where is price struggling to go? 
Higher right? 
Buyers are exhausted here. 
So this means Sellers are taking over here. 
How is this beneficial to us? 
What do we look for? 
We look to see where the shift in structure originated
from right. Well this wick is the first indication of that. 
Now do you see the logic behind it? 
What also does this show then? 
Lower time frame Breaks of structure which causes
the shift = Order block within here. 
Bearish candle
Huge wick! 
What does it mean? 
This is the first sign of buyers entering the market. 
Why and how? 
Look at the volume on this bearish candle. Now for a
bearish candle this is not normal volume with a wick
this big. Follow the Journey of price within the candle. 
Where is price struggling to go? 
lower right? 
sellers are exhausted here. 
So this means buyers are taking over here. 
How is this beneficial to us? 
What do we look for? 
We look to see where the shift in structure originated
from right. Well this wick is the first indication of that. 
Now do you see the logic behind it? 
What also does this show then? 
Lower time frame Breaks of structure which causes
the shift = Order block within here. 
Overall, 
Understand price in a candle, 
When you see big wicks, question WTF is going in that candle?? 
 
Test it, look a huge 4 hour or daily wick, then look at the minute structure
within that wick. 
 
Learn to make sense of every detail and utilise this knowledge to the
maximum. 
 
 
Happy trading