🧨🧨🧨Key Principles of Reading Japanese Candles:
1️⃣Analysis of the shape and size of the candle
2️⃣Study of the ratio of the body to the shadows
3️⃣Context of previous candles
4️⃣Consideration of the trend and trading volumes
🧐Examples of Candle Interpretation:
1️⃣Long green candle: strong bullish (upward) sentiment
2️⃣Long red candle: strong bearish (downward) sentiment
3️⃣Candle with short shadows: market stability
4️⃣Candle with long shadows: significant volatility