🤑 BEFORE YOU START TRADE LEARN THIS IT WILL HELP YOU MAKE GOOD DOLLAR 💰 (PRT 1)
*What is Candlestick?*
A candlestick is a way of displaying information about an asset’s price movement.
Candlestick charts help traders quickly interpret price data with just a few bars.
Before you even come close to trading, it is crucial to understand the basic patterns.
The candlestick is made out of 3 elements:
1 ➱ Body: represents the open-to-close range. That is the full, thick part of the candle.
2 ➱ Wick or Shadow: Indicated peak or bottom of the candle. It is the thin or tiny part of the candle.
3 ➱ Color: shows the direction of the market: 🟩 - uptrend (Bullish), 🟥 - downtrend (Bearish)
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