Forex
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A forex candle chart is the trader's go-to view of price action, compressing open, high, low, and close into intuitive candlesticks across any...
A forex candle chart is the trader's go-to view of price action, compressing open, high, low, and close into intuitive candlesticks across any timeframe. Each candle's body shows the battle between buyers and sellers, while the wicks reveal volatility and hidden rejections. Read correctly, this visual language helps you spot trend strength, momentum shifts, support and resistance, and precise entry and exit zones. Patterns like engulfing candles, pin bars, doji, and morning/evening stars can signal continuation or reversal, especially when aligned with key levels and market context. Unlike line charts, a forex candle chart lets you see intrabar detail, liquidity sweeps, and failed breakouts at a glance. Use it alongside moving averages, RSI, or volume proxies to confirm bias, set risk, and manage trades with discipline. Whether you're day trading EUR/USD or swing trading majors and crosses, mastering candlesticks gives you a repeatable, data-driven edge—so you can trade what the market shows, not what you hope it will do.
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