What exactly does a candlestick tell us?
Candlesticks can be viewed across various timeframes: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the timeframe, the more trading activity each candlestick represents.
The bars below the candlesticks usually show trading volume, indicating how much was traded during each timeframe. The volume bars are generally the same color as their corresponding candlesticks.
The most important thing to remember when managing your funds: making decisions based on just one or two candlesticks can be misleading. Consider using longer timeframes and trading volume together to inform your judgment.
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