Here we have three candles.
I want you to have a look at them,
pause the video and then tell me what you see in terms of supply and demand.
I leave you five seconds to pause the video or to take your time to think of your answer.
For the candle "A", we can say that the buyers were in control from the beginning to the end.
The demand for the currency pair was higher than the supply.
Regarding the candle "B", we can say the opposite.
It's obvious that the sellers have the power at the moment and are pushing the price down.
So we say that the demand is lower than the supply for that currency pair.
The candle "C" shows that there's an even fight between buyers and sellers.
The price went up and down creating new highs and lows for the session that we can see from the shadows.
But then it closes near the opening.
Supply and demand are in balance.
I think that it is quite easy,
but I invite you to have a look at other candles and try to make your deductions on what happened during
that session. An exercise that can help, especially if you're not familiar with candlesticks, is to open
your Meta trader,
select 15 minutes as timeframe and have a look at the new candlestick from the beginning till the end.
It will give you an idea of the formation process of the candlestick.