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#forexcharts #forex #daytrading On today's video, I cover the different types of charts in forex and which want you should focus on as a profitable forex trader. Subscribe, Like 👍, enjoy the video and let me know on the comment section if you have any questions 😊 🤖 Get PATREX PRO Best Forex Robot Here: https://godloveuniversity.com/patrex-... 🏆 Get My Complete Online Forex Trading Course Here: https://godloveuniversity.com/courses-2/ 🚀 GET A FUNDED PROP FIRM ACCOUNT NOW. I Use & Recommend This Prop Firm 💎 FundingPips (Zero Payout denial) 👉 Click Here To Get Funded Now: https://app.fundingpips.com/register?... RECOMMMENDED FOREX BROKERS 🏆 Looking for the Best Forex Broker? 👇 I Use and Recommend These Brokers👇 🎖 IC Markets - #1 ECN Forex Broker with Low Spreads & Fast Withdrawals 👉 Sign up here: https://bit.ly/2W38hd2 🧩 XM - #2 Another Good Forex Broker With High Volume 👉 Sign up link: https://bit.ly/3uyXGZg 🏓 Join My Free Telegram Channel Now: https://t.me/ndemazeah 💰 Join My VIP Telegram Channel Now(3 To 7 Signals everyday): https://bit.ly/3tKdat5 🥏 Join My Exclusive Mailing List For Live Updates: https://godloveuniversity.com/email-o... 📧 Email For Business Enquiries: support@godlovegroupltd.com ❤️ Join My Free Discord Community Now!: / discord 📸 Follow My Instagram: https://bit.ly/3F8MzXq ---------------------------------------------------------------------------------- #forex #forextrading #scalping #fxstrategies #forextraderlifestyle #strategy #ForexChallenge #liveforex #forexstrategy #forextrader #scalping #daytrading #secretforexstrategy #forexmillionaire #forexcourse #forexlife #forexmoney #forexmentor #investing #scalping #forextips #crypto #Ndemazeahgodlove #godlovendemazeah #godlovestrategies #godloveforex #godloveuniversity #patrexpro #godloverobots #GUstudents #lionheartfundingprogram #lfp ---------------------------------------------------------------------------------- ⚠️ NOT FINANCIAL ADVICE DISCLAIMER: This video is for educational purposes only. Please do your own research before making any decisions with your money. I will not be held liable for any losses or gains you may experience. I am not your financial or investment advisor. This is completely educational content and should be taken as such - the views expressed in the content are opinions. Nothing on this channel should be taken as a recommendation to buy a particular crypto asset. The information shared on this channel is not indicative of future results. Analyses are not absolute and are prone to change in accordance with present and future market events. Please do all of your own research before you buy any stock or financial product. here are different types of charts used in technical analysis of the FX market. Some of the most common ones include line, bar, and candlestick charts. A popular chart type used by forex traders is the candlestick or Japanese candlestick. We'll focus mostly on candlesticks because they depict the broadest picture of price changes over the time frame under study. A candlestick is made up of two separate parts, the body and the shadows. The top and bottom of the body show the open and closing prices for the time period being considered. The top and bottom of the shadows show the high and low prices for the period. The body is filled based on the opening and closing prices of the period. If the closing price is lower than the opening price then the body will be filled in. If the closing price is higher than the opening price then the body won't be filled in. Filled in candlesticks means the price is declining, open candlesticks means the price is increasing. But what happens if the closing or the opening price is the high or low? Then there will be no shadow above or below depending on whether the opening or closing price was the high or low. For example, the candlestick shown to the right opened at its low and closed at its high. Therefore, there is no shadow on either the top or bottom of the body. The last type of chart that we'll discuss is the bar chart. The image shown to the right is an example of a single bar of a bar chart. As you can see, bar charts convey very similar information to candlesticks but in a slightly altered format. The more visually appealing candlesticks, which are easier to skim, are preferred by many traders. The bar chart requires distinguishing between the left pointing open and the right pointing close.