MixtapeDB Free Forex Academy | Print or Save as PDF
| Color | Meaning |
|---|---|
| Green / White | Bullish – Close > Open |
| Red / Black | Bearish – Close < Open |
| Pattern | Structure | Signal |
|---|---|---|
| Bullish Engulfing | Green candle engulfs prior red | Potential reversal up |
| Bearish Engulfing | Red candle engulfs prior green | Potential reversal down |
| Doji | Open ≈ Close, small body | Indecision |
| Hammer | Small body at top, long lower wick | Bullish at support |
| Hanging Man | Same as hammer | Bearish at resistance |
| Shooting Star | Small body at bottom, long upper wick | Bearish after uptrend |
| Type | Shows | Best for |
|---|---|---|
| Line | Close only | Big-picture trends |
| Bar | OHLC (ticks) | Detailed analysis |
| Candlestick | OHLC + color | Patterns, most popular |
Not financial advice. For educational use only. Forex trading involves substantial risk.