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How to Read a Chart (Simple)

1. Candlesticks

Green candle = price went up in that time

Red candle = price went down

Each candle shows open, close, high, and low prices

2. Timeframes

1M, 5M, 15M = for scalping

1H, 4H = for day trading

1D, 1W = for swing trading / investing

3. Support & Resistance

Support: Price floor where price bounces up

Resistance: Price ceiling where price is rejected