📘 Lesson 4: Understanding Candlestick Patterns*

Candlestick patterns help traders understand *price movements* and make decisions based on *market psychology*.

🔥 Basic Candlestick Structure:

- *Body* – Difference between opening & closing price.

- *Wick (Shadow)* – High & low of the price during that time.

- *Color* – Green (bullish) = Price went up | Red (bearish) = Price went down.

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🕯️ *Popular Patterns*:

1. *Doji* – Market indecision (Opening ≈ Closing). Possible reversal.

2. *Hammer* – Bullish reversal signal (after a downtrend).

3. *Shooting Star* – Bearish reversal signal (after an uptrend).

4. *Bullish Engulfing* – Strong uptrend signal.

5. *Bearish Engulfing* – Strong downtrend signal.

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✅ *Tips to Use Candlestick Patterns:*

- Always use them with *volume, trendlines, or support/resistance*.

- Never trade based on one candle — look for confirmation.

- Practice reading charts daily.

Stay tuned for *Lesson 5: Support & Resistance*!

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