**A Simple Explanation of Japanese Candle Patterns** 🕯️📊

Japanese candles are the market's language that tells you the story of each trading day! 📚

A green candle means that the closing price is higher than the opening (uptrend) 📈, and a red candle means that the closing is lower than the opening (downtrend) 📉 A "doji" candle ⚖️ appears when the opening and closing prices are nearly equal, indicating market indecision! Meanwhile, a "hammer" candle 🔨 (small body with a long tail down) indicates a potential reversal of the downtrend! The "engulfing" pattern 🍽️ occurs when a candle completely "engulfs" the body of the previous candle, which is a strong signal of trend change! The "evening star" pattern ⭐ (three candles) indicates a potential peak and the end of the uptrend!

What is your favorite Japanese candle pattern in trading? 🤔 Have you ever made a successful decision based on a signal from one of these candles?

Share your experience with us in the comments! 💭