How to easily read a candlestick chart?
๐ Title:
๐ฏ๏ธ โCandlesticksโฆ The silent language of the market!โ
๐ If you are a beginner in technical analysis, learn the basics of trading candles:
Bullish candle: Green or white body = the price closed higher than it opened
Bearish candle: Red or black body = the price closed lower than it opened
Shadows (wicks): Show the highest and lowest price during the period
๐ง Patterns like: Hammer, Hanging Man, Engulfing = Strong entry/exit signals
๐ฌ Do you use candlesticks in your decisions? Or do you rely on other indicators?
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