🔍 Image Explanation:
🎯 BUY:
- 📉 Downtrend:
Represents the beginning of small red and green candles that come after a downtrend.
- 🔒 Support:
The support level is determined where candles start to reverse upwards.
- 🚀 Strong bullish candle:
Indicates a long green candle showing strong buying momentum and the start of an uptrend.
🎯 SELL:
- 📈 Uptrend:
Indicates the start of small green and red candles after an uptrend.
- 🚫 Resistance:
The resistance level is determined where candles start to reverse downwards.
- 🔻 Strong bearish candle:
Indicates a long red candle showing strong selling momentum and the start of a downtrend.
💡 Key Signals:
- Support: Price reversal point upwards.
- Resistance: Price reversal point downwards.
- Large candles (green/red): Represent strength and momentum in the new direction.
📊 This image illustrates basic trading strategies in
Using Japanese candles. 🌟
