This charm is a type of Chinese mascot tassel hanging styled as a Koi or Goldfish sachet (Xiangbao), which is traditionally used to invite good fortune and prosperity into a home or vehicle. Cultural Meaning • The Color Pink: Represents youth, joy, and new beginnings in modern decorative items. • The Fish Shape: Because the Chinese word for fish (Yú) sounds like the word for surplus, a fish charm symbolizes having more than enough wealth, health, and happiness every year. • The Beaded Eye & Intricate Embroidery: Keeps a watchful eye to ward off negative energy or bad luck while protecting the spaces where it is hung. Common Ways to Display It • Car Rearview Mirror: Hung inside vehicles for safe travels and protection on the road. • Home Doorways & Windows: Placed near entryways to capture and invite positive energy (Chi) into the household. • Closets & Wardrobes: Often filled with aromatic herbs like mugwort to keep clothes smelling fresh and repel insects. Meaning on this Specific CharmWhen paired with the pink and gold fish on your decorative charm, the green color functions as a blessing for steady growth, vibrant health, and flourishing wealth for whoever owns or displays it.If you are curious about the other elements of this charm, let me know if you would like to explore:The meaning of the gold embroidery patternsHow color combinations (like green and pink together) change the overall blessingThe significance of tassels and knots in Chinese lucky charms