BEFORE YOU START TRADING, LEARN THIS TO HELP YOU MAKE GOOD MONEY đ° (PART 1)
What is a Candlestick? A candlestick is a way to show an assetâs price movement visually.
Candlestick charts help traders quickly read price data using just a few bars.
Before diving into trading, it's essential to grasp the basic patterns.
A candlestick has 3 main elements:
1 â± Body: shows the range between opening and closing prices. This is the thicker part of the candle.
2 â± Wick or Shadow: highlights the candle's high or low points and is the thinner part.
3 â± Color: indicates the market's direction. đ© - uptrend (Bullish), đ„ - downtrend (Bearish)
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