A candlestick depicts the battle between Bulls (buyers) and Bears (sellers) over a given period of time.

Before we get down to the nitty-gritty, (spoiler alert: awesome candlestick formation images are coming your way) it’s important for you to understand what a candlestick actually is.

No, we’re not talking about the kind you pick up from that fancy candle store to set the mood on date night. We’re talking about Japanese Candlesticks — the market signal that shows the battle between the Bulls (buyers) and the Bears (sellers) over a certain amount of time.