🌟 Explore Candlestick Charts: Learn 🟢 Green and 🔴 Red in Financial Investment!🌟

🌟 Candlestick charts are an important tool in technical analysis, helping investors evaluate market performance and make decisions based on price fluctuations. In this article, we will delve into the basic elements of each candle, the "rhythms" the colors 🟢 blue and 🔴 red provide.

🌟 Basic Specifications of Each Candle:

✅ Open: Represents the opening price of the candle, usually represented by the candle body on the left. It is the starting point of the candle and has a significant influence on price development.

✅ Close: Is the closing price of the candle, usually represented by the candle body on the right. This helps to quickly recognize the end of a trading cycle.

✅ Low: Represents the lowest price the market reached during that time period, usually below the candle's tail. It is an important indicator of selling pressure.

✅ High: Represents the highest price the market reached during that period, usually above the candle's tail. This is an indicator of buying pressure.

🚨 Why Are Candles Important?

🎯 Each candle is a small picture of price fluctuations in a certain period of time. By understanding each element of the candle, investors can predict the next trend, market reversal and even buy/sell signals.