Candles
Candles
Lesson 1 : OLHC
Lesson 1 : OLHC
Lesson 1 : OLHC
Beginner
Beginner
Beginner
3 min
3 min
3 min
Open Low High Close
Open Low High Close
Open Low High Close
Open Low High Close (OLHC) is the foundation of each candlestick formation. Every candle consists of an open, a low, a high, and a closing price. Understanding OLHC allows traders to analyze how higher timeframe candles are constructed from lower timeframe candles, providing the basis for trading expansion candles.
Open Low High Close (OLHC) is the foundation of each candlestick formation. Every candle consists of an open, a low, a high, and a closing price. Understanding OLHC allows traders to analyze how higher timeframe candles are constructed from lower timeframe candles, providing the basis for trading expansion candles.
Open Low High Close (OLHC) is the foundation of each candlestick formation. Every candle consists of an open, a low, a high, and a closing price. Understanding OLHC allows traders to analyze how higher timeframe candles are constructed from lower timeframe candles, providing the basis for trading expansion candles.
Expansion Candle
Expansion Candle
Expansion Candle
An expansion candle begins with a small movement opposing the direction of the higher timeframe, forming its wick. It then completes its expansion in a single direction for the duration of the specified time period.
An expansion candle begins with a small movement opposing the direction of the higher timeframe, forming its wick. It then completes its expansion in a single direction for the duration of the specified time period.
An expansion candle begins with a small movement opposing the direction of the higher timeframe, forming its wick. It then completes its expansion in a single direction for the duration of the specified time period.
Reversal Into Expansion Candle (C2)
Reversal Into Expansion Candle (C2)
Reversal Into Expansion Candle (C2)
An reversal into expansion candle begins with a small movement opposing the direction of the higher timeframe, forming its wick by reversing off the previous candles low. It then completes its expansion in a single direction for the duration of the specified time period.
An reversal into expansion candle begins with a small movement opposing the direction of the higher timeframe, forming its wick by reversing off the previous candles low. It then completes its expansion in a single direction for the duration of the specified time period.
An reversal into expansion candle begins with a small movement opposing the direction of the higher timeframe, forming its wick by reversing off the previous candles low. It then completes its expansion in a single direction for the duration of the specified time period.
Reversal Candle
Reversal Candle
Reversal Candle
A reversal candle opens near its low and moves strongly against the higher timeframe direction, forming its wick. Because of this large move, reversal candles usually do not have enough time or range to create an expansion. It is better to wait until the candle closes before trading the expansion that follows. When enaging a reversal candle, aim for a move back to its opening price, as price typically does not support further expansion beyond that level.
A reversal candle opens near its low and moves strongly against the higher timeframe direction, forming its wick. Because of this large move, reversal candles usually do not have enough time or range to create an expansion. It is better to wait until the candle closes before trading the expansion that follows. When enaging a reversal candle, aim for a move back to its opening price, as price typically does not support further expansion beyond that level.
A reversal candle opens near its low and moves strongly against the higher timeframe direction, forming its wick. Because of this large move, reversal candles usually do not have enough time or range to create an expansion. It is better to wait until the candle closes before trading the expansion that follows. When enaging a reversal candle, aim for a move back to its opening price, as price typically does not support further expansion beyond that level.
Indecision Candle
Indecision Candle
Indecision Candle
Indecision candles open and close near the same price, indicating periods of market consolidation. In this profile, there is no clear candle pattern because there is no distinct open, low, or high, and no follow-through movement. This reflects a lack of market direction and shows that traders remain indecisive during these periods.
Indecision candles open and close near the same price, indicating periods of market consolidation. In this profile, there is no clear candle pattern because there is no distinct open, low, or high, and no follow-through movement. This reflects a lack of market direction and shows that traders remain indecisive during these periods.
Indecision candles open and close near the same price, indicating periods of market consolidation. In this profile, there is no clear candle pattern because there is no distinct open, low, or high, and no follow-through movement. This reflects a lack of market direction and shows that traders remain indecisive during these periods.
The standard for trading education and guidance
2025 The Market Lens - All Rights Reserved
The standard for trading education and guidance
2025 The Market Lens - All Rights Reserved
The standard for trading education and guidance