Reading a Price Chart

Each candle shows 4 prices for that time period: • OPEN: price at the start • CLOSE: price at the end • HIGH: highest price reached • LOW: lowest price reached GREEN (or white) candle: close > open. Buyers won that period. RED (or black) candle: close < open. Sellers won that period. The BODY is the open-to-close range. The WICKS (or shadows) show how far price moved beyond the body before reversing. Key things to notice: • Long wicks = price was rejected at that level (strong reversal) • Small body + long wicks = indecision (market deciding direction) • Large green candle with small wicks = strong bullish momentum

WEEKLY (1W): Macro trend direction. Are we in a bull or bear market? DAILY (1D): Medium-term structure. Where are the key levels? This is your primary chart. 4-HOUR (4H): Entry zone confirmation. Is the shorter-term trend aligned with the daily? 1-HOUR (1H): Precise entry timing. Where exactly do I get in? The golden rule: ALWAYS start with the higher timeframe and work down. Never look at a 1H chart in isolation — you need to know what the daily and weekly trend is saying first. A textbook entry: Daily trend up → 4H shows pullback to support → 1H shows a reversal candle → enter.