If you open a chart and only see “green and red sticks”... don’t worry, we all start that way.
But understanding candles is KEY to not buying when everyone sells and selling when everyone buys.
🔹 Each candle tells you a time story
Whether it's 1 minute, 15 minutes, or 1 day. A candle represents what happened in that period.
🔹 Basic parts of a candle:
Body: shows the opening and closing price.
Wicks (or shadows): show the highest and lowest price reached.
Color:
🟢 Green = the price went up (closed higher than it opened).
🔴 Red = the price dropped (closed lower than it opened).
🔹 What do the candles tell you?
Candles with long wicks = a lot of volatility.
Candles with a large body and no wicks = clear strength (bullish or bearish).
Doji candles = market indecision.
📌 Just by looking at 3 or 4 consecutive candles, you can tell if there is buying or selling pressure.
And remember:
💥 “The price never lies. You just have to learn to read it.”
💬 Did you already know this or is it the first time you understand it so clearly? Share your experience 👇
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