[00:02] simple truth.  Candles are not just pictures.  This is a visual report of the battle. About the battle between buyers and sellers. Remember, the more purchases, the higher the price, because there is more demand and more supply. More sales equals a lower price because there is more
[00:15] supply and more demand.  The market is a constant battle between buyers and sellers.  Now let's talk about candles in more detail.  Each candle has four key levels.  The first level is the opening, which is where the price
[00:29] starts trading in a specific time period.  Then she goes down to the very bottom and reaches the second level.  After this, it reaches the third level - this is the top, the most maximal.  And after that, the closing occurs.  This is the fourth
[00:45] level.  Also, if you don't know this big rectangle, it's either green or red, it's called the body.  These two sticks at the top and bottom are called shadows.  Some people also call them wicks.  We looked at a
[00:58] bearish example.  Everything is absolutely the same, the only difference is that the opening is higher than the closing.  The price opens, reaches the very top, then reaches the very bottom and then closes lower.  Also
[01:14] remember another very important point - this is the principle of fractality and time frames. Open the four-hour time frame and you will see only one candle.  Further, if you switch to a lower time frame, for example, 1 hour, you will see this same candle
[01:27] in detail for four candles.   The same thing will happen if you fifteen-minute chart.  Depending on whether the timeframe is larger or smaller , you will see the required number of candles that reflect the
[01:41] market situation in a specific period of time. Most people do not understand this simple truth and therefore make mistakes in trading.  Want to trade more Telegram channel and join the free trading community.  There I conduct
[01:55] light trading every day, where I publish specific entry points, stop-losses, and take-profits.  There is also free training if you are a beginner, and personal questions.  The only condition is to trade with me on my
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