What one candle records
The body spans open to close. The wicks show the highest and lowest prices reached during the period. Display colours can be customised, so the price relationship matters more than red or green.
Context before pattern name
The same shape can mean different things near a tested level, in the middle of a range or during an event-driven move. Check trend, location, timeframe and subsequent acceptance.
Sequences carry more information
Compare progress, overlap, expansion, contraction and closing position across several candles. A brief move beyond a boundary is weaker evidence than sustained acceptance outside it.
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