This article has been translated from English to Gen Z Slang.

Yo fam, we kinda already gave a sneak peek into that Japanese candlestick charting in the last forex sesh, but now we’re about to dive deeper—like for real.

Before we get too cray-cray, let’s hit a quick recap.

Japanese Candlestick Trading Vibes

Throwback to when Godzilla was just a smol lil’ lizard, the Japanese came up with their OG style of technical analysis for trading rice. Yup, rice was THE thing. 🍚

Traders was flexing for that ice by flipping rice. 💎

Some Western dude, Steve Nison, found this low-key hack called “Japanese candlesticks,” learning the sauce from another Japanese bro.

Steve Nison

Steve went all-in, living and breathing candlesticks, and started dropping knowledge about it.

Lowkey, by the ’90s, everyone was talking about this technique. The hype was real.

TL;DR, if Steve Nison hadn’t vibed with candlestick charts, they might still be in the vault somewhere.

Steve Nison is legit Mr. Candlestick.

What’s the Tea on Japanese Candlesticks?

Best way to explain? Show ya with a pic:

Japanese Candlestick Anatomy

Japanese candlesticks work for any time frame you’re vibing with, whether it’s a day, an hour, 30-minutes...whatchu want!

They're key for decoding the price action for your chosen time window.

Japanese candlesticks are the result of the open, high, low, and close stats for that time block.

  • If the close is more than the open, you get a hollow candlestick (usually sketched as white).
  • But if the close goes below the open, a filled candlestick (usually sketched as black) pops up.
  • The hollow or filled bit of the candlestick is called the “real body” or body.
  • The skinny lines sticking out above and below the body show the high/low range and are called shadows.
  • The top of the upper shadow is the "high“.
  • The bottom of the lower shadow is the "low“.