**🤑 Before You Start Trading, Learn This! (Part 1)**
*What is a Candlestick?*
A candlestick is a way to show price movements of an asset. Candlestick charts help traders quickly understand price data using simple bars.
Before you start trading, it’s important to know the basic patterns. A candlestick has three main parts:
1. **Body**: This is the thick part of the candle and shows the range between the opening and closing prices.
2. **Wick (or Shadow)**: This is the thin part of the candle that shows the highest and lowest prices during that period.
3. **Color**: The color indicates market direction:
- 🟩 Green: uptrend (Bullish)
- 🟥 Red: downtrend (Bearish)
Stay tuned for the next post! If you have any questions, drop them below!#Write2Earn! #writetowin #Write2Earn! #writetowin #Write2Earn!