Free lessons › Key Levels & Market Structure › Reading Candles in Context

Impulse candles

When a single bar tells you who is in control.

7 min · Beginner

What you'll learn

  • Identify an impulse candle by its range, body, close and volume
  • Use the impulse candle's midpoint and base to plan a pullback entry
  • Tell a healthy impulse apart from a climax candle

Key takeaways

  • An impulse candle has a big range, a full body, a close near its extreme and heavy volume.
  • Impulses that launch from a level or break through one show who is in control.
  • Do not chase the bar; plan the pullback toward the midpoint or the broken level.
  • A huge candle after a long run into a higher-timeframe level may be a climax, not strength.

Glossary

  • Impulse candle — A large, full-bodied candle that closes near its extreme on heavy volume, showing one side took control.
  • Candle midpoint — The halfway price between a candle's high and low, often used as a line that healthy pullbacks hold.
  • Climax candle — An oversized candle late in a move, often into a major level, that marks exhaustion rather than new strength.

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