Post Number 2️⃣
⏩ Bullish Candle vs Bearish Candle:
To understand the market, it is essential to differentiate between the two types of candles:
1️⃣ Bullish Candle:
It appears when the closing price is higher than the opening price → the price increased during the period.
It indicates that buyers were stronger and pushed the price up.
Common color: Green or White.
Used to identify the trend in a Bull Market.
2️⃣ Bearish Candle:
It appears when the closing price is lower than the opening price → the price decreased during the period.
It indicates that sellers dominated and pushed the price down.
Common color: Red or Black.
Used to identify the trend in a Bear Market.
