Mdraghib
Well-known member
I’ve seen a lot of traders (especially beginners) ask, “What are candlestick charts?” and honestly, it’s one of the best questions you can start with if you’re serious about trading.
Candlestick charts are basically a visual story of price movement showing who’s in control: buyers or sellers. Each candle shows four key points — open, close, high, and low giving you instant insight into market sentiment.
Once you get comfortable reading them, you can spot powerful candlestick patterns like:
Bullish Engulfing – hints that buyers are taking control.
Bearish Engulfing – shows sellers might push the price lower.
Doji – signals market indecision (a possible reversal zone).
Hammer & Shooting Star – often seen at the end of strong trends.
The cool thing? These patterns aren’t just for forex they work in stocks, crypto, and commodities too.
If you’re trying to improve your entries and exits, learning candlestick patterns is a game-changer.
What’s your go-to candlestick pattern, and how do you use it in your trading strategy?
Candlestick charts are basically a visual story of price movement showing who’s in control: buyers or sellers. Each candle shows four key points — open, close, high, and low giving you instant insight into market sentiment.
Once you get comfortable reading them, you can spot powerful candlestick patterns like:
Bullish Engulfing – hints that buyers are taking control. Bearish Engulfing – shows sellers might push the price lower. Doji – signals market indecision (a possible reversal zone). Hammer & Shooting Star – often seen at the end of strong trends.The cool thing? These patterns aren’t just for forex they work in stocks, crypto, and commodities too.
If you’re trying to improve your entries and exits, learning candlestick patterns is a game-changer.
What’s your go-to candlestick pattern, and how do you use it in your trading strategy?
