๐ How to Read Candlestick Charts Like a Pro
Price charts look confusing at first โ until you understand candlesticks.
Once I learned how to read them properly, my trading decisions became clearer and more confident.
Candlesticks tell a story of buyer vs seller strength โ not just price.
๐ฏ๏ธ Anatomy of a Candlestick
Each candle has four key parts: โข Open โ where price started
โข Close โ where price ended
โข Wick โ rejection areas
โข Body โ control strength
A long body shows strong momentum.
Long wicks show rejection and indecision.
๐ What Candlesticks Really Reveal
Candles are not signals on their own โ they are context tools.
โ Long lower wicks = buyers defending support
โ Long upper wicks = sellers rejecting higher prices
โ Small bodies = consolidation before a move
Reading candles helps you enter smarter and exit earlier.
๐ My Practical Trading Use
I donโt trade every candle.
I wait for confirmation near support or resistance.
When candles align with market structure, probability increases.
This approach has helped me avoid fake breakouts and bad entries.
โ ๏ธ Common Beginner Mistakes
โข Trading single candles without context
โข Ignoring volume
โข Using too many indicators
โข Entering mid-move
Candlesticks work best when combined with patience and discipline.
๐ Final Thought
Candlestick charts donโt predict the future โ
they reveal the present.
Once you learn to read them,
you stop guessing and start reacting intelligently.
Do you trade based on candles or emotions?
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