08 — FROM CANDLES TO MARKET PSYCHOLOGY
A candle is not just a green or red box.
Behind every candle are decisions.
Imagine:
Price starts at 100.
Buyers push it to 110.
Sellers push it back to 103.
The candle closes at 105.
The chart is showing you a battle.
Buyers pushed.
Sellers responded.
Price finally settled somewhere between them.
That is why candlestick analysis became useful.
It gives traders a visual language for studying market behavior