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CAN YOU READ A CANDLESTICK CORRECTLY? 📈 Every standard candlestick is built from four values: 🟢 Open: where the period began 🔺 High: the highest traded price 🔻 Low: the lowest traded price ⚪ Close: where the period ended The candle body represents the open-to-close relationship. The wicks show how far price travelled beyond the body during that timeframe. But one candle is not a complete market explanation. Context matters: timeframe, surrounding candles, trading volume and the broader price structure can change how a chart should be interpreted. Start with the data before reaching for a pattern name. Mini challenge: Which four values make up OHLC? [Binance Academy | A Beginner's Guide to Candlestick Charts](https://academy.binance.com/en/articles/a-beginners-guide-to-candlestick-charts) #ChartEducation #Candlesticks #TechnicalAnalysis #learncrypto
CAN YOU READ A CANDLESTICK CORRECTLY? 📈

Every standard candlestick is built from four values:

🟢 Open: where the period began
🔺 High: the highest traded price
🔻 Low: the lowest traded price
⚪ Close: where the period ended

The candle body represents the open-to-close relationship. The wicks show how far price travelled beyond the body during that timeframe.

But one candle is not a complete market explanation. Context matters: timeframe, surrounding candles, trading volume and the broader price structure can change how a chart should be interpreted.

Start with the data before reaching for a pattern name.

Mini challenge: Which four values make up OHLC?

Binance Academy | A Beginner's Guide to Candlestick Charts

#ChartEducation #Candlesticks #TechnicalAnalysis #learncrypto
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