Do you want to understand what the price is saying before it moves? Japanese candlesticks are the answer.
The idea is simple: each candle tells a story - are the sellers strong? Are the buyers in control? We divide it into three categories based on the number of candles:
1. Single Candles
The easiest type, a single candle gives you a clear signal.
2. Double and Triple Candles
The strongest signals, but you need patience.
Key Signals:
Bullish Reversal = The market was declining, now it is preparing to rise.
Bearish Reversal = The market was rising, warning: the peak is near.
Continuation = the price will continue in the same direction, a calm period but before the crazy one.
Round Table (Neutral Candle):
Short body + equal shadows above and below = balance between sellers and buyers = Warning: the current trend is weak, a change is coming
Minimum: Learn to read the candles, understand the game much easier.
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Japanese Candlesticks: A Quick Guide to Reading the Market 📊
Do you want to understand what the price is saying before it moves? Japanese candlesticks are the answer.
The idea is simple: each candle tells a story - are the sellers strong? Are the buyers in control? We divide it into three categories based on the number of candles:
1. Single Candles The easiest type, a single candle gives you a clear signal.
2. Double and Triple Candles The strongest signals, but you need patience.
Key Signals:
Bullish Reversal = The market was declining, now it is preparing to rise.
Bearish Reversal = The market was rising, warning: the peak is near.
Continuation = the price will continue in the same direction, a calm period but before the crazy one.
Round Table (Neutral Candle): Short body + equal shadows above and below = balance between sellers and buyers = Warning: the current trend is weak, a change is coming
Minimum: Learn to read the candles, understand the game much easier.