Includes four sections.

Creating bodies and shadows:

If the closing price is higher than the opening price, the candle will have a green or white body (indicating an upward trend).

If the closing price is lower than the opening price, the candle will have a red or black body (indicating a downward trend).

"Shadows" or "wicks" represent the highest and lowest prices during the time frame.

Types of candles

Candles can be created in various types that provide a lot of information about the market direction to analysts. Some well-known types of candles include:

Bullish Candle: When the closing price is higher than the opening price, this candle usually indicates a price increase.

Bearish Candle: When the closing price is lower than the opening price, this candle usually indicates a price decrease.

Doji Candle: When the opening and closing prices are nearly equal, this candle indicates market indecision and may be a sign of a trend change.

Engulfing Candle: When a candle is larger than its previous candle and reverses the previous trend, this is an important signal for a trend change.

The trend of candle formation in market analysis

Upward trend: When most candles are bullish, and well-known candles include the "Bullish Engulfing pattern" or the "Doji pattern," which are usually effective in price trend changes.

In conclusion,

I do!