TRADING FROM ZERO DAY 3/30
If you're just starting in trading, don't look at candles as simple colors. They represent the daily battle between Buyers (BULL) and Sellers (BEAR).
Learn to interpret them right away today:
Green Candle (Bullish): The price CLOSED higher than where it opened. Buyers won.
Red Candle (Bearish): The price CLOSED lower than where it opened. Sellers won.
The 4 key parts of any candle:
Open: The exact price where the period begins.
Close: The price where the period ends.
Maximum (Upper Wick): The highest the price managed to reach.
Minimum (Lower Wick): The lowest the price dropped before bouncing back.
💡 Pro Tip: A long lower wick on a green candle means sellers tried to bring the price down, but buyers stepped in strongly to defend it. Important that you can identify when it's a bull market and a bear market so things become much easier for you.
On my profile, this is how to start making trades in both #futures and #spot.
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