🔰Japanese Candlesticks🔰
They are tools that help you read past and current data from the chart, and predict the future with high efficiency.
The closing of the candle is important and the closing is according to the chosen frame of reference (1 minute - 1 month).
The most important closures are as follows:
1️⃣ 1h candle is at the top of every hour
2️⃣ 4h candle every four hours
3am
7am
11am
3pm
7pm
11pm.
3️⃣ 1D candle will be at the end of the day at 3am
.
4️⃣ 1W candle at the end of the week, with the closing on Sunday
5️⃣ 1M candle, the end of the month is at 3 AM on the first day of the new month
All these times are according to Mecca time (+3 GMT).