I want to know how to accurately predict the movement of every single candlestick chart. Is there a method or strategy that can help me achieve this? I'm looking for a way to anticipate the
market trends reflected by each candle.
7
answers
JejuJoy
Thu Feb 13 2025
The appearance of a candlestick on a daily chart reveals crucial information about the market's behavior.
Alessandra
Thu Feb 13 2025
When observing a down candle with a short upper shadow, it suggests that the opening price of the day was close to the highest point reached.
Martina
Thu Feb 13 2025
This indicates limited selling pressure at the start, as the price didn't fall significantly from the opening bell.
Lucia
Wed Feb 12 2025
Conversely, on an up day, a short upper shadow implies that the closing price was near the daily high.
Claudio
Wed Feb 12 2025
This scenario points to sustained buying interest throughout the trading session.