đ Candlesticks: What Are These âCandles Everyone Talks About? đ
If youâve ever looked at a trading chart and thought,
âWait⌠why does this look like a barcode with candles?â
- you're not alone! đ
Letâs break it down real simple:
đ What are Candlesticks?
Candlesticks are a visual way to show price movement during a specific time period - whether itâs 1 minute, 1 hour, 1 day, etc.
Each candle shows:
đ˘ Green (or white):Price went UP
đ´ Red (or black): Price went DOWN
And each candle has 4 key parts:
1ď¸. Open â where the price started
2ď¸. Close â where the price ended
3ď¸. High â the highest price reached
4ď¸. Low â the lowest price touched
đĽ Bonus Tip:
Big candle = strong move
Small candle = slow market
Long wick = rejection (price tried but failed)
Why does this matter?
Because candles tell a story - whoâs winning, the bulls đ or the bears đť.
Once you learn to read them, youâre not just guessing anymore - youâre reading the market's mood.
Want to learn how to spot reversals, breakouts, or fake-outs with candles? Let me know! đ
#CandlestickChart #TradingBasics #LearnToTrade