☆𝐖𝐇𝐀𝐓 𝐈𝐒 𝐂𝐀𝐍𝐃𝐋𝐄𝐒𝐓𝐈𝐂𝐊?

Candlestick whose body is made up of three parts.The upper and lower parts are called the wicksand the wider part in the midle is called thebody of the candlestick.

• Candlesticks are a type of charting techniqueused in technical analysis to represent the valueof financial instruments such as stocks,currencies or commodities. Each candlestick on the chart represents a specific period, such asfive minutes, one hour, one day, or one week, andSO On .

The length of the wicks and bodies can varydepending on the volatility of the asset during theperiod being analyzed.

There are two types of candlesticks, the firstgreen (Bullish) which shows us the rise in the market and the second red (Bearish) which showsus the recession in the market.

☆𝘽𝙐𝙇𝙇𝙄𝙎𝙃 𝘾𝘼𝙉𝘿𝙇𝙀𝙎𝙏𝙄𝘾𝙆

• Bullish candlesticks are a type of price chartpattern commonly used in technical analysis to identify potential bullish trends in financialmarkets.

• A bullish candlestick usually has a long bodyand a short wick, with the opening price near the bottom of the candle and the closing pricenear the top.

• This candle indicates that buyers have been more active than sellers during the tradingperiod, resulting in a net increase in price.

• Bullish candlesticks are often viewed as a positive sign for traders looking to buy into themarket, as they suggest that prices maycontinue to rise in the near future.