🕯️ Japanese Candles: The Essential Language of the Market for Seasoned Traders
Japanese candles are not just drawings… they are a visual psychological tool used by seasoned traders to understand the market's intent moment by moment. The shape of the candle is not the only important factor; context, location, and size matter.
The strongest patterns they work with include:
Bullish/Bearish Engulfing: A candle that engulfs the previous one, indicating a fundamental change in control.
Hammer: A long lower wick that reveals a clear rejection of downward movement, especially after intense selling pressure.
Morning/Evening Star: A three-candle pattern that warns of a trend reversal.
Seasoned traders monitor candles on short time frames like 5 minutes and 15 minutes, especially near support or resistance areas, and they combine the readings with trading volume and liquidity to confirm the movement.
Candles reveal:
Are there whales entering?
Is this a real movement?
Is this a moment to enter or a trap to exit?
Those who read candles correctly… understand the market before it moves.
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🔍 This information is not a recommendation, and the market always carries risks, think with your mind and make your decisions with your own hands.
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