Every Candle Is a Sentence
By the end, you can describe a chart as a conversation made of many auctions.
A paragraph. One candle is a sentence; the chart is the paragraph they form. You don't judge a story by one sentence — you read the flow.
In Module 1 you learned to read one candle. Now zoom out: a chart is many auctions in a row, each candle a sentence in an ongoing conversation between buyers and sellers.
The story is told by the sequence — how each candle's highs and lows relate to the ones before. That sequence is what we call structure, and it's the heart of this module.
Every candle is an auction. Every chart is a conversation.
“This one candle is red, so it's bearish now.”
“One red sentence doesn't flip the story. What's the sequence of highs and lows been saying?”
What tells the story of a chart?
- A chart is many auctions in sequence.
- Structure lives in the relationship between highs and lows.
- Read the flow, not one sentence.
Up next — The first structure to recognise is an uptrend. Next: higher highs and higher lows.