🆚 Japanese Candles vs. Heiken Ashi

🕯 Japanese Candlesticks
Japanese candlesticks are the most popular way to display price on a chart. Each candle shows the open, high, low, and close of a trading session, allowing traders to quickly see market sentiment and identify patterns.

➕ Pros:
✅Show exact prices for the chosen period.
✅Great for analyzing patterns (e.g., engulfing, hammer, etc.).
✅Easy to interpret short-term price movements.

❌ Cons:
➖ Can be noisy — small fluctuations may be distracting.
➖ Sometimes harder to see the overall trend without additional indicators.

🕯 Heiken Ashi
Heiken Ashi charts look similar to Japanese candlesticks but use a modified price calculation formula. This smooths the chart and helps highlight trends.

➕ Pros:
✅ Reduce market noise, making trends easier to spot.
✅ Help identify trend continuation or reversal.
✅ Ideal for trend-following traders.

❌ Cons:
➖ Do not show exact open and close prices for the period.
➖ May hide short-term signals and patterns.

📌 Each chart type has its strengths. Japanese candlesticks are better for detailed analysis and pattern recognition, while Heiken Ashi is great for clearly seeing trends. The best approach is to use both types together and adapt them to your trading style.

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✨ ETHUSD

🥸 A “falling wedge” pattern has formed on the chart, and the price has now approaching to the upper boundary at the 3250 resistance level.
The MFI shows a bullish divergence with the asset, suggesting a rise.

🔼 If #Ethereum breaks above the 3250, growth will continue;
🎯 Target 1: 3800.

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😛🤗😅🍎😜

On the global scale, the asset is in a downtrend and is currently testing the descending trendline. Locally, the asset is in an uptrend, with each high and low higher than the previous one, indicating buyer strength. If the 0.7975 support level is broken and the price consolidates above the trendline, the uptrend may continue.

🔼 Buy #USDCHF only after a confirmed break above the 0.7975 resistance level.
🎯 TP1: 0.7993;
🎯 TP2: 0.8009;
🎯 TP3: 0.8039.

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ℹ️🔽5️⃣0️⃣0️⃣

5️⃣ The index has broken its structure to the downside and dropped impulsively toward the 6635 support level. Each new low and high is lower than the previous one, indicating buyer weakness. If the 6635 support level is broken, the decline may continue.

🔽 Sell #US500 only after a confirmed break below the 6635 support level;
🎯 TP1: 6600;
🎯 TP2: 6550.

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