What is a candlestick pattern?

Candlesticks! Candlestick patterns are part of a way to represent market prices : the candlestick charts. The best way to chart candlestick is using the TradingView solution. It lets you chart candlestick and all other charting types and you can try it now for free.

What is a small body Candlestick?

Small Body - Indicates lighter trading or little buying or selling activity The long thin lines above and below the body is called the shadow of the candlestick. Candlesticks show and define the price movements as open, close, high and low over a vertical line.

What is hanging man candlestick pattern?

Hanging Man is a single candlestick pattern which is formed at the end of an uptrend and signals bearish reversal. The real body of this candle is small and is located at the top with a lower shadow which should be more than the twice of the real body. This candlestick pattern has no or little upper shadow.

What is the shadow of a candlestick?

The long thin lines above and below the body is called the shadow of the candlestick. Candlesticks show and define the price movements as open, close, high and low over a vertical line. It consists of the following: Further, the body is represented by a Hollow Body Candlestick or a Filled Body Candlestick.