The Fifth Educational Publication
🔰Japanese Candles🔰
These are tools that help you read past and current data from the chart and predict future data with high efficiency.
The closing of the candle is important and occurs according to the selected reference frame (1 minute - 1 month)
The most important closures are as follows:
1️⃣ The 1h candle closes at the top of every hour
2️⃣ The 4h candle closes every four hours
3am
7am
11am
3pm
7pm
11pm.
3️⃣ The 1D candle closes at the end of the day, which is at 3am.
4️⃣ The 1W candle closes at the end of the week, which is with the closure on Sunday
5️⃣ The 1M candle closes at the end of the month at 3 am on the first day of the new month
All these times are according to the timing of Mecca (+3 Greenwich).
🔹 If you don't understand something, ask and we will clarify for you.
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