Level 04 of 13 · Beginner
Japanese Candlesticks
Read the story inside every candle: dojis, hammers, engulfings, stars, soldiers and crows.
01Candlestick AnatomyOpen, high, low, close: four prices, one tiny story.5 min02Bodies and Wicks: What They MeanLong bodies, short bodies and long wicks decoded.5 min03Doji CandlesWhen open equals close: the market shrugs.5 min04Hammer and Hanging ManSame shape, opposite meanings, depending on where they appear.6 min05Inverted Hammer and Shooting StarLong upper wicks: rejected highs.5 min06Marubozu and Spinning TopsAll-power candles vs can't-decide candles.4 min07Engulfing PatternsWhen one candle swallows the one before it.6 min08Tweezer Tops and BottomsTwo candles, same high or same low: a level defended.4 min09Morning Star and Evening StarThree-candle reversals that look like a sunrise or sunset.5 min10Three White Soldiers and Three Black CrowsThree strong candles in a row: a change in control.4 min11Three Inside Up and DownA harami plus confirmation, in one neat package.4 min12Harami and Inside BarsBaby candles inside their mother: compression before a move.5 min13Piercing Line and Dark Cloud CoverHalf-engulfing reversals that bite past the midpoint.4 min14How to Actually Trade CandlesticksLocation, confirmation and stops: the three rules that make patterns work.6 min
Level quiz · 10 questions
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Passing unlocks Level 05: Fibonacci and your Level 04 certificate.
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