What are Japanese Candlesticks?

Expert opinion: candles are an essential tool that can help you spot a potential turning point in price before the competition. The candlestick patterns we discussed in previous lessons will enable you to find moments like these more effectively.

Expert opinion: the longer a candle's shadow is, the higher the chance of movement in the opposite direction. As a rule, long shadows signal increasing volatility. In other words, the price is changing quickly, and this increases your potential profit.

Expert opinion: if you prefer short-term trades that don't last more than a few hours, use single-candle models.