📘 Beginner’s Guide to Reading Trading Charts**



"This guide explains everything in simple language so beginners can read charts like a pro".

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📊What Is a Candlestick? Its Structure & Details:

If you’re new to trading, candlestick charts are one of the most important tools you’ll use. Every candle tells a story about buyers, sellers, and market sentiment. Understanding candlestick formation and wicks will help you make better trading decisions.⬇️

A candlestick is a visual representation of price movement over a specific period, such as 1 minute, 5 minutes, 1 hour, or 1 day.⬇️

Each candle has four main components:

1. Open Price – Where the price started during that period⬇️

2. Close Price – Where the price ended⬇️

3. High Price – The highest price reached⬇️

4. Low Price – The lowest price reached ⬇️

Candlestick Body:

The body of the candle shows the difference between open and close prices
.
• Bullish Candle (Green/White) – Close > . Open Price moved upward⬇️

• Bearish Candle (Red/Black) – Close < Open
Price moved downward⬇️

The body size indicates the strength of buyers or sellers:

• Large body → strong momentum⬇️
• Small body → weak momentum / indecision⬇️

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