How do you read a forex candle chart

                                   

                               In this article I will tell you about candle stick. First of all, understand the color of using a candle stick in forex trading. 

look at the picture below

The red color of the candlestick indicates the pressure of the seller in the market and the decrease in prices. Check out the image below again

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The red color of the candle stick indicates buyer pressure in the market and rising prices. Now I will tell you about the candle stick part. THE PART OF CANDLESTICK OPENING PRICE High price. HIGH PRICE Low price. LOW PRICE CLOSED PRICE REAL BODY Look at the picture again. 

BEARISH CANDLESTICK

This is a red candle stick, its average rate is now down and the sellers are active in the forex market. When a candle stick closes in red below its opening price, it is called a bearish candle stick. Look at the picture again. 

In this chart we see that many candle sticks are red which is showing us a strong motivation to reduce the rates. And that's a downward trend.

BULLISH CANDLESTICK

look at the picture below

۔This is a GREEN CANDLESTICK green candle and indicates to us the rapid growth in the market. Blush candlestick with green color indicates high values ​​of rates. Blush Candlestick is closed above the open price. Look at the picture below

You can see that many of the candle sticks in this chart are green and their average market rates are going up. And the trend is growing now. When the trend is low and we see that many candle sticks are closed below the opening price. We need to find the cell entry point. And when we see that many candle sticks are closed more than their open price.