Candlesticks

CandlesticksLesson 13 of 144 min read

Two candles together

The only multi candle read in this course. A full body followed by a long wicked doji after a long fall.

Two candles is the limit. Here is what a pair of them can say that one cannot.

The setup

Price had been falling for weeks. That is the background, and it matters.

Then two candles in a row: a full bodied candle, and right after it a doji with a long wick underneath.

Figure 1 · Weeks of falling gold candles, then a full bodied candle and a long lower wicked doji, then a bullish close and a rally into the highs above

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