Candle Stick

Analysis
BeTheOneFX
Candle Stick Anatomy
 Anatomy
Upper
 High
Wick
This Candle: 
 5


Opened @ $2
 4

Close 

Reached Low @ $1
 3 Price in $
B 

Reached High @ $5
 2
O


D
Closed @ $4
 1

Y 0

Open Time

Lower

Wick $5
 $4

The Movement: 
 Simplified: 

Low
$4

"Price moved up from 


Bullish, Up Movement
 $2


$2 to $4 

over time.”

Buying Volume $1


$2


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 Anatomy
High Upper

Wick

This Candle: 
 5


Opened @ $4
 4 Open


B
Reached High @ $5
 3 Price in $

 O
Reached Low @ $1
 2


 D
Closed @ $2
 1
Y
0
Close
Time

Lower

The Movement: 
 Simplified: 
 Wick
Low
$5
 $4

"Price moved down from 

$4 to $2 

$4

over time.”
$2

$2

Bearish, Down Movement

$1

Selling Volume
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 Anatomy

Doji Candles have “no gas in the car”












Reflects - Low Volume, No volume,

Indecision, Balance

Neutral Movement
 

Balanced 
 



or 



No Volume 

Price doesn’t change much. (No Volatility)
The Movement: 


“Price isn’t changing, move on.”

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Reading Volume
 Volume
• Volume can be observed through the candle’s Range and Body

The Body represents

The Range is from the
 “Trading Fuel” or “Volume” High
candles High to Low
High
High R
High High A

R High R N
B R
R R A
A B B G

B B
O A O 

A A N
N B O D E
O
D O N Y
N D N G

G
 D D 

Y 
 Y G
 Low
G
 Y G
 E
E 


 Y 

E
E E Low

Low
Low
Low
Low

• Analyzing candle volume is beneficial when observing them @ Pre-Determined Trading Areas

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 Volume
Volume Increase

Resistance

Sell

- Selling With Volume

Low Volume

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 Volume
Low Volume

Buy

- Buying With Volume

Support

Volume Increase

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 Volume
- Volume builds Pressure

Neutral Pressure

Selling
Buying Pressure
Pressure

Candles Represent 

Buying & Selling 

Volume

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Candle Signals
 Signals
Candles are painting stories of
Rejecting Prices & Absorbing Volume. 

( Wicks & Engulfings )

Rules : 



- Signals must be @ Pre-Determined Trading Areas


- Area Must have Confluence


- Signal must have Volume


- Signal must be a Closed Candle


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 Signals
Engulfing or “ Volume Absorption”
Bullish Bearish

Buying Volume 
 Selling Volume 


Absorbs Selling Pressure Absorbs Buying Pressure

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 Signals
Wicks or “Price Rejections”
Bullish Bearish

Rejecting Low Prices
 Rejecting High Prices

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