Japanese Candles - How to Read Them Easily?

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Lesson 5: Japanese Candles for Beginners

Japanese candles are a simple yet powerful tool for understanding price movement.

Each candle tells you 4 things:

1. The price when the market opened (Open)

2. The highest price reached (High)

3. The lowest price dropped to (Low)

4. The price at closing (Close)

Candle colors:

Green candle: the price went up (closing higher than opening)

Red candle: the price went down (closing lower than opening)

Why does it matter to you?

Because it helps you see whether buyers are in control or sellers, and know when to enter or exit.

Simple example:

A series of long green candles = upward momentum

The appearance of a doji candle = indecision in the market (beware!)

If you want me to explain the popular patterns (like hammer, engulfing), write "I want candle patterns" in the comments.

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