![]() ![]() The candle body is the part of the candlestick that shows the actual price movement over time it is usually shaped like a stick or a rectangle. A candlestick pattern is composed of two components: the candle body and the shadow. They can be used to analyze price trends, predict future prices, and identify possible reversals in prices. What is a All Candlestick Pattern PDF?Ĭandlestick patterns are a graphical representation Cheat Sheet Candlestick Patterns of the price movement of a security over time. It is a graphical representation of the way in which supply and demand fluctuate in relation to each other. ![]() A candlestick pattern typically represents the opening, high, low and closing prices for a security or index over a given time period. Candlestick patterns are a type of price chart pattern. ![]()
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