Every candlestick tells a story of war. Buyers vs. sellers. Bulls vs. bears. While beginners see random green and red boxes, professionals read each candle like a battle report: who attacked, who defended, who won. The body shows the outcome. The wicks show the rejected extremes. This is the language of price—and learning to read it is the difference between guessing and knowing.
Welcome to Lesson 1
You've mastered the foundational concepts. You understand the mechanics. But here's the reality check:
Knowing WHAT moves price means nothing if you can't READ price movement.
The Professional Difference: Retail traders look at candle color (green or red). Professional traders look at candle anatomy (body size, wick length, open-to-close relationship). A small green body with a long upper wick is bearish, not bullish. Reading OHLC data transforms random candles into precise signals.
Lesson Chapters
1The Evolution of Candlestick Charts
2The Anatomy of a Candlestick
3The Four Prices - OHLC
4Bullish vs Bearish Candles
5Summary, FAQs & Quiz
Call to Action
You can now interpret the conversation between buyers and sellers embedded in every candle.
Decode the Market's Visual Language
Practice reading candlestick anatomy on a demo account. Learn to identify OHLC data, interpret body vs. wick relationships, and understand the psychology behind each candle.
Deriv
- Zero-spread accounts for tighter entries
- Swap-free (Islamic) available
XM
- Consistently low spreads on majors
- Micro accounts — start with a smaller risk
- Swap-free (Islamic) available
- No trading commission
Prerequisites
This is a foundational lesson - no prior price action knowledge required. Basic forex concepts recommended.
Ready to master candlesticks? Understanding OHLC is the foundation of all technical analysis and price action trading.
Ready to continue?
Mark this lesson as complete to track your progress.