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To know how to read candles, you must know the shapes of the candles when they open and close. There are 6 shapes: 1- Long green candle: indicates the victory of buyers and control of the market. Or a long red candle indicates the victory of sellers and control of the market. 2- A green candle with a medium body and a long lower tail: It means that the sellers tried to lower the price, but in the end the price went back up and closed green and the buyers won. As for the red tail, it means that the buyers tried, but the sellers won in the end.
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