Interactive chart lessons
Study the chart one completed candle at a time. Choose a Confluence element, inspect its candles, then practise reading the example. These designed illustrations explain chart information; they are not market evidence or trade instructions.
Confluence Indicator set · MT5 · teaching schematic
Bearish Banana: impulse and pullback
Banana 3: Candle 6 is red but makes a higher high (60 > 55) and higher low (43 > 40). It is the third pullback candle: bearish Banana 3 appears above it, with Banana 1 and Banana 2 still visible.
What was known
- After candle 1: The first completed candle closed below its open.
- After candle 2: A second bearish candle continued the move lower.
- After candle 3: Three completed bearish candles form the impulse leg.
- After candle 4: The first pullback candle completed and B1 appeared above candle 4.
- After candle 5: The second pullback candle completed. B1 remains on candle 4 and B2 is above candle 5.
- After candle 6: The red third pullback candle completed. B1, B2 and B3 are above candles 4, 5 and 6.
Candles: blue closes at or above the open; red closes below the open.
Candle 6 is red but makes a higher high (60 > 55) and higher low (43 > 40). It is the third pullback candle: bearish Banana 3 appears above it, with Banana 1 and Banana 2 still visible.
B1, B2 and B3 mean bearish Banana 1, 2 and 3. Each marker appears after its candle completes. These are illustrated signals, not trade-entry instructions.
Designed example · illustrative price units
Illustrative annotations · not live indicator output
Candle data and roles
| Candle | Open | High | Low | Close | Role |
|---|---|---|---|---|---|
| 1 | 80 | 83 | 61 | 64 | Bearish impulse, candle 1 |
| 2 | 64 | 67 | 44 | 47 | Bearish impulse, candle 2 |
| 3 | 47 | 50 | 26 | 29 | Bearish impulse, candle 3 |
| 4 | 29 | 51 | 28 | 44 | Bullish pullback, candle 4 |
| 5 | 44 | 55 | 40 | 50 | Bullish pullback, candle 5; Banana signal above this completed candle |
| 6 | 50 | 60 | 43 | 46 | Red third pullback candle; bearish Banana 3 above this completed candle |
Chart rendered with TradingView Lightweight Charts™.
Historical examples
Historical market-data examples are not available here yet.