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What I learned today about candle trading🕯️📊

Today, I delved into candle trading and how it reflects market movement. As a beginner, learning how simple candle patterns can help identify buying or selling pressure is fascinating. 🔍

Here’s what I learned:

✅ A green candle means the price closed at a higher level than the opening price (bullish indicator).

✅ A red candle means the price closed at a lower level than the opening price (bearish indicator).

✅ Long wicks can indicate price rejection and the potential for reversals.

✅ Patterns like Doji candles and engulfing candles are great indicators of momentum shifts.

There's still a long way to go, but I'm enjoying this process. Step by step, I'm building my knowledge and confidence to become a better trader. 💪

Have you used candle patterns in your trading? Which ones work best for you?

Let’s learn together! 🧠🔥

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