Candlestick Mastery · Module 03 of 15

Bullish vs Bearish

Every candle tells a story of buyer and seller strength. The colour is only the headline.

Green and red — and what they actually mean

On virtually every Indian trading platform — Zerodha, Groww, Upstox, and on TradingView — an up candle is green and a down candle is red. That colour is a summary, not the full story.

BULLISH — buyers in controlBEARISH — sellers in control
a bullish (green) up candle closes above its open; a bearish (red) down candle closes below

A green (bullish) candle closes above where it opened. Buyers were in control by the end of the period. The taller the green body, the more decisively they won. A red (bearish) candle closes below where it opened. Sellers were in control by the end. Again, the taller the red body, the more one-sided the outcome. But colour alone is a headline, not the article. A green candle with a long upper wick is far weaker than a green candle with none — buyers won, but only after being rejected from higher up. A tiny green body after a long rally may signal exhaustion rather than strength. Always read the colour together with the body size and the wicks, and — as the structure module will show — together with where the candle sits.

In short

Green closes up, red closes down — but body size, wicks and location decide whether the colour means anything.

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