Done! Section 2: The Basics
Done! Section 2: The Basics
Japanese Candlestick Charting Techniques.
I was enrolled in this course on 03-05-2026. It was a free course on that day.
Section 2: The Basics
Parts:
- What is a Candlestick
- Understanding Candlestick Structure
Bulls: they can usually be blue, green, or white in color
Bears: they can usually be red or black in color
Title: 1. Picture: Japanese Candlesticks in English
Painter: Melinda Erika Dothan
Inspiration: https://www.yellowfinbi.com/blog/how-to-analyze-price-movements-using-yellowfin-candlestick-charts
"- Small bodies with large wicks mean indecision and fighting for control.
- Large bodies with small wicks means one group is in control of the market for that particular time period."
Google AI:
It's actually quite hard to find a functional trading chart using only Katakana because technical trading terms (like "Opening Price" or "Bullish") are almost always written in Kanji.
Title: 5. Picture: Japanese Candlesticks in Japanese in Katakana
Painter: Melinda Erika Dothan
So check the previous one:
Title: 4. Picture: Japanese Candlesticks in Japanese in Kanji
Painter: Melinda Erika Dothan
Help: https://jitenon.com/
Google AI:
- ローソク (Rōsoku): Candle
- 足 (Ashi): Foot/Leg (used to refer to the "bar" or "stick" in charts) [1]
- ローソク足チャート (Rōsoku-ashi chāto) - Candlestick chart
- 平均足 (Heikin-ashi) - Average Bar (a specific type of smoothed candlestick) [1, 2]
Core Candle Types and Structure
- 陽線 (Yōsen): A bullish candlestick, indicating the price closed higher than it opened.
- 陰線 (Insen): A bearish candlestick, indicating the price closed lower than it opened.
- 実体 (Jittai): The real body of the candle, representing the range between the open and close.
- ヒゲ (Hige): Literally "whiskers," these are the wicks or shadows extending above and below the body.
- 上ヒゲ (Uwahige): The upper shadow.
- 下ヒゲ (Shitahige): The lower shadow. [1, 2, 3]
The Four Key Price Points (四本値 - Yonhonne)
- 始値 (Hajimene): The opening price.
- 終値 (Owarine): The closing price.
- 高値 (Takane): The highest price of the period.
- 安値 (Yasune): The lowest price of the period. [2, 3]
Common Pattern Names
- Doji (十字線): Meaning "the same thing," this occurs when the opening and closing prices are roughly equal.
- Harami (はらみ足): Meaning "pregnant," describing a small candle contained within the body of the previous one.
- Marubozu (丸坊主): Meaning "bald," referring to a candle with no wicks, signifying strong momentum. [4, 5, 6, 7, 8]
1. Kanji (Chinese Characters)
- Examples:
- 陽線 (Yōsen - Bullish candle)
- 陰線 (Insen - Bearish candle)
- 高値 (Takane - High price)
- 安値 (Yasune - Low price)
- 実体 (Jittai - Real body)
2. Katakana (Angular Script)
- Examples:
- ローソク (Rōsoku - Candle)
- ヒゲ (Hige - Wick/Whiskers)
3. Hiragana (Cursive Script)
- Examples:
- の (no - used in "Candlestick of structure")
- は (wa - used as a topic marker)
- 高値 (Kanji): High
- 安値 (Kanji): Low
- 上ヒゲ (Kanji + Katakana): Upper Wick
- 下ヒゲ (Kanji + Katakana): Lower Wick
- 実体 (Kanji): Real Body
The four price points refer to the opening price, closing price, high price, and low price for a given period.
• Open price: The price at which the first trade occurred.
• High price: The highest price at which the trade occurred.
• Low price: The lowest price at which the trade occurred

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