Socrates Investments

How To Read a Candlestick

Socrates Investments Academy LLC

How to read a green candle stick

Candlestick Closes as a Green Color
Green = Bullish = Buyers
Opens from Low To High. In this example priced opened at $5 and closed at $10
Green Candlesticks can have a wick or no wick. Wicks, shadows, or tails is referred to as the highs and lows. In this example $3 was the lowest point & $12 was the high point.
Body = The difference between the open and the close. In this case, this candle made a $5 move in total.

How To Read a Red Candlestick

Candlestick Closes as a Red Color
Red = Bearish = Sellers
Opens from High To Low. In this example priced opened at $10 and closed at $5
Red Candlesticks can have a wick or no wick. Wicks, shadows, or tails is referred to as the highs and lows. In this example $3 was the lowest point & $12 was the high point.
Body = The difference between the open and the close. In this case, this candle made a $5 move in total to the downs side.

Use this as a guide in understanding the path of a candlestick

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