#TradingTools101

A Quick Introduction to the World of Trading: Japanese Candlesticks! 🕯️

Do you hear about trading but don’t understand the charts? Don’t worry! Japanese candlesticks are the easiest way to get started!

What are they? Each candlestick represents the price movement over a specific time period (day, hour, minute...).

What does one candlestick tell you?

Thick Body: Shows the difference between the opening and closing price.

Green/White: The price closed higher than the opening (Bullish Market 🚀).

Red/Black: The price closed lower than the opening (Bearish Market 📉).

Thin Wicks: Show the highest and lowest price reached by the asset during that period.

Simply put, Japanese candlesticks are the visual language of the market! Understanding them helps you read the strength of buyers and sellers at a glance.

Are you ready to decode the charts?