Want $4? Check out my profile and see the pinned post, and congratulations! 💎 Many people believe that trading is only for experts. But that's not true! By learning to read a 5-minute candlestick chart, you can start making smart, fast trades. These charts provide quick clues about whether the price is likely to rise or fall. With a little practice, you can earn up to $40 a day.
What is a 5-minute candlestick chart?
The five-minute chart shows price movements in small segments, each representing five minutes. Each "candle" represents what happened in just five minutes:
Green candle: Price rose
Red candle: Price has fallen
By observing how these candles are formed and arranged, you can predict potential price movements.
3 easy patterns for beginners
1️⃣ The Doji – “Confused” Candle
It looks like a plus sign or a cross
It indicates a balance between buyers and sellers
It often indicates a possible reversal after a clear trend
2️⃣ Engulfing pattern – “Taking over” candle
Bullish engulfing: Small red candle followed by a large green candle → Buyers in control → Price likely to rise
Bearish engulfing: Small green candle followed by a large red candle → Sellers in control → Price likely to fall
3️⃣ The Hammer – “Bounce” Candle
A small object on top, a long shadow below
It appears that sellers pushed the price down, but buyers regained control.
It often indicates a price increase
How to trade using these patterns
Step-by-step guide:
Choose a popular stock or currency pair → Clearer signals
Monitor the chart for 5 minutes during active market hours (morning or afternoon).
Identify a pattern (e.g., a bullish engulfing after a decline)
Execute your trade → Buy if the price is likely to rise, sell if it is likely to fall
Exit quickly → Close the trade after a small profit
Real trading examples
Bullish engulfing pattern detected → Buy → Price rise → Sell → Profit $10
Spotted bearish engulfing → Sell → Price drop → Buy back → Profit $8
By repeating 4–5 successful trades per day, you can reach your goal of $40.
Why this works for beginners
The patterns are simple to learn
No need to wait all day to get results
Quick, small profits keep you motivated
Final advice
You don't need fancy tools or years of experience. Focus on candlestick patterns for 5 minutes, practice regularly, and small daily profits like $40 are possible.
advice:
Start small → Identify risks
Be consistent → Trading is a skill built over time
Watch the candles → They tell a story
Once you learn their language, trading becomes much easier and more profitable.