With Japanese candles we can analyze any time scale. Once we know how to analyze Japanese candle patterns we can analyze monthly, weekly, daily and intraday charts. We must keep in mind that Japanese candles can be bullish, bearish or neutral.
✅ Bullish Japanese candles: if the closing price is higher than the opening price.
✅ Bearish Japanese candles: if the closing price is lower than the opening price.
✅ Neutral Japanese candles: if the opening price is equal to the closing price.