What I Learned Today About Candle Trading 🕯️📊
Today, I delved into candle trading and how it reflects market movement. As a beginner, learning how simple candle patterns help identify buying or selling pressure is fascinating. 🔍
Here’s what I learned:
✅ A green candle means the price closed at a higher level than the opening price (bullish indicator).
✅ A red candle means the price closed at a lower level than the opening price (bearish indicator).
✅ Long wicks can indicate price rejection and the possibility of reversals.
✅ Patterns like Doji candles and engulfing candles are great indicators of momentum shifts.
The road is still long, but I enjoy this process. Step by step, I am building my knowledge and confidence to become a better trader. 💪
Have you used candle patterns in your trading? Which ones work best for you?
Let’s learn together! 🧠🔥
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