Candlesticks Part 1: Read Any Chart in 10 Minutes

Green vs red, bodies vs wicks, and the only 3 rules beginners need before patterns.

By DigitalNepal · Updated 2026-10-04 · Verify current figures on official sources

Try it right here:

Chart school uses sample drawings - never real prices. Learn shapes here, practise on live charts without money, and read the risk guide before trading a single rupee.

Read any single day: who won, buyers or sellers.

Sample data for learning - not real prices. Hover any candle for O/H/L/C.

HammerBullish

After a fall, price drops hard inside the day but buyers push it back up near the open. Small body on top, long lower wick (2x body). Means sellers tried and failed.

Confirm first: Next candle closes above the hammer high, ideally with bigger volume.

Every candle answers one question: who won this period, buyers or sellers? Green body means price closed higher than it opened; red means lower. The body shows conviction, the wicks show rejection.

Open the interactive Chart School tool on this page: tab 1 draws candle anatomy, tab 2 shows every pattern as a live chart, tab 3 quizzes you.

Steps

1Read the body first
Big body = strong conviction. Small body = hesitation. Ignore wicks until you can read bodies fluently.
2Read wicks second
A long lower wick means sellers pushed down but buyers dragged price back - rejection of low prices. Long upper wick is the mirror.
3Apply the 3 rules
Bodies over hopes. Next candle confirms. Candles at support/resistance count 10x more than mid-range candles.
4Practise in the tool
Open tab 1 above, then flip through the 8 single-candle patterns in tab 2 (Candles group) and say each name aloud before checking.

Good to know: Charts use sample drawings for learning. When you move to live NEPSE charts, start by just labelling candles for a week - no trading.

Information last verified: 2026-10-04. Prices, fees, rules and requirements change - confirm on the official website or office before acting. DigitalNepal.tech is independent and not affiliated with any provider or government body.