CandlestickSecrets

📊 *Chart Analysis 101: Understanding Candlesticks* 📊

Hey traders! 👋 Welcome to our bite-sized learning class on chart analysis and trading!

What is a Chart? 🤔
A chart shows price movements over time, with:

- Price on the y-axis 📈
- Time on the x-axis 🕰️

Candlestick Charts 🕯️
The most efficient and common chart type is the candlestick chart.

What is a Candle? 🤔
A candle is a structure formed from price movement over a specific time, adjustable according to trade type.

Types of Candles 🕯️
There are two main types of candles:

1. *Red Candle* 🔴
- Indicates closing price is below opening price
- Example: 5-minute candle, opening price at 10:15, closing price at 10:20; if red, closing price is lower than opening price
2. *Green Candle* 🟢
- Indicates closing price is higher than opening price
- Vice versa of red candle

Stay Tuned! 📺
Learn more about candles, shadows, and price movement analysis in our next post!

Follow us for more trading tips and chart analysis! 👍 #learntotrade #ChartAnalysis #CandlestickSecrets

"Every Candlestick Tells a Story! 📊✨

Behind each rise and fall is a trader’s decision, a well-planned strategy, and a market story waiting to unfold.

Are you reading the signs or just watching the chart? 🔥📈

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