How to Read Forex Trading Charts? A Beginner’s Guide
Forex trading charts help traders understand market trends and price movements. The three main types of charts are line, bar, and candlestick charts. Line charts show closing prices over time, bar charts add more details like opening and closing prices, and candlestick charts offer the most insight, showing price direction, highs, lows, and patterns. As a beginner, start with candlestick charts to easily spot trends and make informed decisions. Learning to read these charts is the first step toward successful forex trading. Practice regularly and stay updated with the market for better results.