If you are new to the stock market, terms like candlestick charts, support lines, resistance lines, and moving averages may feel unfamiliar. But there's no need to worry. All of these tools are ultimately designed to help you trade more strategically and efficiently. In this article, I will explain in a beginner-friendly way how to interpret candlestick charts, support and resistance lines, moving averages, and OBV volume analysis.
Candlestick Chart: Contains All Information About Price Movements
When you access a trading platform, the first thing that catches your eye is the candlestick chart. Because of its shape resembling a candle, these