Paper Umbrella (Umbrella Line) candlestick
What it shows
A small real body sitting at the top of the range with a long wick hanging beneath it and little or nothing above. Price fell hard during the session and came all the way back before the close. This entry is the shape itself, before any name is attached to it.
Measured, not claimed
We measured what followed this candle in 2,432 cases. How often it kept its promise, and how that changes by horizon and by trend, is in the app.
32 crypto markets on Kraken, daily candles, 2013–2026.
The full study card — the psychology, when it weighs and why to doubt it, the statistics by horizon and by trend — lives in the app, with a 22-day course and practice on real charts.
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