Green is used to describe the up movement and red is used to describe the down movement.
However, green doesn't always go up and red doesn't always go down.
Yet, this is the best way to keep track and interpret where the market is going.
It is very hard to interpret the candlesticks by just looking at them like this.
Green is the upward motion and red is the downward motion.
Now the medium humps are easier to see.
By looking at the first 2 medium humps, it is easier to see that greens are weakening and reds are strengthening. Therefore, be on the lookout for a drop with the 3rd medium hump.
Per small hump (making up the medium humps), the greens and reds are highlighted.
By looking at the first 2 medium humps, it is easier to see that the greens are weakening and the reds are gaining strength. Therefore, be on the lookout for a drop with the 3rd medium hump.
In this example, the greens take the lead for being more telling. Looking at the greens only, their weakening is noticeable by looking at how they start more upright, flatten and start going downward.
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