#Beginnersguide ๐ What Are Candlestick Charts?
This is a candlestick chart โ one of the most popular tools in trading. Each "candle" shows price movement for a specific time period. Here's what it tells you:
๐ข Green Candle = Price went up
๐ด Red Candle = Price went down
๐ Wick (shadow) = Highest and lowest prices
๐งฑ Body = Opening and closing prices
Traders use patterns in these candles to predict market moves. Do you see any patterns in the chart?
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