A quick guide to reading candlestick charts:
Candlestick charts can be viewed over different time frames: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the time frame, the more trading activity each candlestick represents.
The same market movement can look completely different across time frames: a bullish candle on a daily chart may break down into both gains and losses on an hourly chart.
Judging the market based on just a few candlesticks can easily be misleading. Try looking at longer time frames and trading volume as well.
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