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Beginner16 papers82 minCertificate$9

Reading a Candle Chart

One candle, then its parts, then the candles that mean something — ending with the only reading that matters: the last three on the chart in front of you.

Who it is for
Anyone who can open a chart but cannot yet say what it is telling them.
Before you start
First Steps in the Market.
Start the courseBuy this course — $9

Opens with Premium, or buy the course on its own.

You will be able to

  • Read any single candle: its open, close, high and low
  • Say what a long wick on one side of a candle tells you
  • Name a doji, a spinning top and an inside bar on sight, and say what each shows
  • Name a hammer, a shooting star, an engulfing candle and a pin bar by their rules, not their look
  • Tell a real signal candle from one that only resembles it
  • Read the last three candles of a live chart and say what the market has just done

16 papers

A short quiz after every paper; the next paper opens when you pass it.

  1. Unit 1

    The candle

    1. 01Candlestick Charts vs Bar Charts vs Line Charts5 min
    2. 02What Is a Candlestick5 min
    3. 03How to Read a Candlestick6 min
    4. 04What a Candle Wick Tells You5 min

  2. Unit 2

    Candles that hesitate

    1. 05What Is a Doji5 min
    2. 06What Is a Spinning Top5 min
    3. 07What Is an Inside Bar5 min
    4. 08What Is a Harami Pattern5 min

  3. Unit 3

    Candles that decide

    1. 09What Is a Marubozu Candle5 min
    2. 10What Is a Momentum Candle5 min
    3. 11What Is an Engulfing Candle5 min
    4. 12What Is an Outside Bar6 min

  4. Unit 4

    Candles that turn

    1. 13What Is a Hammer Candle5 min
    2. 14What Is a Shooting Star Candle5 min
    3. 15What Is a Pin Bar5 min
    4. 16How to Read the Last Three Candles5 min