Chapter 7  CANDLESTICK

CANDLESTICK-Pic no.1

A candlestick consists of a shadow and a body. The square is the body and the straight line in the candle body is called the shadow. Inside the candle there is a price that causes it to rise and fall. A green candle is a bullish candle and a red candle is a bearish candle. If it goes down we look for an opportunity to sell while if it goes up we look for an opportunity to buy.

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