🔹 The second lecture:
Basics of reading candles and analyzing movement
In the first lecture, we focused on the idea of monitoring the currency in its rise and fall.
Today, it's time to open a wider door for understanding Japanese candles, as they are considered the fundamental language of the market.
📌 Each candle on the chart represents a battle between buyers and sellers:
The body of the candle shows us whether the market was rising (green) or falling (red).
The shadows or tails indicate the strength of pressure: if the shadow is long from above → it means there is strong resistance, and if long from below → it means there is strong support.
🎯 Your task at this stage is to start noticing:
1. Does the movement repeat in a pattern?
2. When is the market in a moment of weakness or strength?
🔑 Remember: the candle is not just a green or red line, it is a complete story about the market's psychology
⚡️ In the third lecture, God willing, we will go into the important levels: support and resistance, and how to build
Your trading decisions are based on it.
Your appreciation for the effort
And to gain you as a dear brother in our channels
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