Start reading candlestick chart new edition ✨
Start reading candlestick chart new edition ✨
Candlestick charts are the most popular and informative charts for trading. With the form of a chart that looks like candlesticks, it has been named this way. And besides that, candlestick charts have a specific way of reading the chart. which there are still some people who still do not know or understand how to read graphs which is how to read it Let's go see.
Reading a graph is like trying to read the mind of a buyer that they are thinking. What are you planning to do? The first thing we should know and notice is the force. Power of the buy-sell side that which side has more investment movement Reading a single bar graph is not enough. Requires other bar graphs Let's compare to make a decision.
by consideration before comparing it with other bar graphs. We should have basic information: open-close price, high-low price. In order to use it for a simple comparison, or use a method. Additional techniques for making investment decisions are as follows:
- How is the volume of candlestick trading?
- View the details of the shortened Time Frame, see the price moving.
- How long is the candlestick length?
- Mind reading the current bar and comparing it to the previous bar
- The current bar's open-close high-low price relative to the previous bar
- Buy-sell side, which side wins?
- Does the price of each bar overlap?
- long stick Tell me which side has the right to win more
Reading candlestick charts is like reading minds and comparing the information gathered to the current situation. In order to plan future investments in the future, so it's not just guesswork. Reading requires information. comparison from multiple sources.
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