How to read a candlestick chart in context
A candle shows the open, high, low and close for a period, but one candle rarely explains the market by itself. Read bodies and wicks as part of a larger sequence, then compare the move with nearby structure before drawing a conclusion.
Start with range and location
Look first at where the candle formed relative to recent highs, lows, ranges and trend structure. The same shape can mean very different things at the center of a range and at a level the market has repeatedly tested.
Compare several periods
A single candle can be noisy, especially on shorter timeframes. Review the sequence around it to understand whether price is expanding, compressing, rejecting a level or simply moving normally inside an existing range.