Trading · 68 / 86
Charts
A candle is a picture of the price over some minutes. It shows where trades happened. It does not show the future, and it does not show who was painting it.
What it is
Open, high, low, close. That is the candle. A pattern is a name people give a cluster of candles after the fact.
What it cannot tell you
It cannot tell you the next candle. It cannot show fake volume by itself. It cannot include the fee you will pay.
Anyone selling a shape as a signal is selling the guru product. Use the chart to see what already happened, then run the check.
Check yourself
Does a familiar pattern mean the trade is good?
No. It is a description of the past, and it ignores fees.
After this you can describe a candle without predicting the next one.
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