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Academy

Anatomy of a candle

Lesson 5 of 15 in Candlesticks. Specialist grade, 180 XP. Free to read, mission runs live in the terminal.

» Each candle has a body (open to close) and wicks (the high/low extremes).

» Green body = closed up. Red body = closed down. Wicks show rejected prices.

» Long wicks = a fight; price went there and got slapped back.

» Pull up SPY and identify the bodies and wicks on a few candles.

Watching a concept is not the same as running it, so every Academy lesson ships with a live mission inside the Tapeboard terminal. This one runs on the live chart (/chart/SPY). Reading is free; running missions takes a free account.

What is "Anatomy of a candle" about?

"Anatomy of a candle" is lesson 5 of 15 in the Candlesticks module of Tapeboard Academy's Specialist grade. Each candle has a body (open to close) and wicks (the high/low extremes).

How do I practice this lesson?

Every Academy lesson pairs with a hands-on mission inside the Tapeboard terminal. This one runs on the live chart. The lesson text is free to read on this page; running missions requires a free Tapeboard account.

Do I need a paid plan to read Academy lessons?

No. Every Academy lesson page is public and free to read. Running the live missions inside the terminal requires a free Tapeboard account, and some advanced mission panels sit on paid plans.