M1 · L1Market Structure
What Is Price Action?
Every chart is just a record of who was buying and who was selling.
What This Means
A candle is simply one period of price movement. The body shows where price opened and closed. The wick shows how far price reached before getting rejected. That's it. Nothing else matters here yet.
Visual
The Rule
Green candle = buyers won. Red candle = sellers won.
The wick = where the other side tried and failed.
COPY THIS
Do these steps exactly1
Open any chart on TradingView
Use XAUUSD (Gold) on the 15-minute timeframe
2
Look at 5 green candles in a row
That means buyers were in control for those 5 periods
3
Find where a long wick appears
That wick shows where sellers tried to push price down but failed
4
Write down: what color was the most recent candle?
This tells you who is currently in control
Common Mistake
Don't look at candle colours in isolation. One candle means nothing. You need to see the group.