CIY Capital · Training Desk
Candlestick Cheat Sheet
The four prices, the four prints, and the one rookie leak.
The Four Prices
Every candle records exactly four prices. Body is open to close. Wick tips are the session high and low. Bullish travels Open → Low → High → Close. Bearish travels Open → High → Low → Close.
The Four Prints
Bullish. Buyers in control. Open = bottom of body. Close = top of body.
Bearish. Sellers in control. Open = top of body. Close = bottom of body.
Marubozu. No wicks. One side owned every tick, open to close.
Doji. Open ≈ close. Tug-of-war, indecision. Watch it after long runs.
The #1 Rookie Leak
On a bearish candle the close is the bottom of the BODY. The tick below it, the lower wick tip, is the low. They are different prices. Traders who confuse them misread every red candle on the chart.
Educational material by CIY Capital. Not financial advice. Trading involves substantial risk of loss.