If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
Technical traders are confronted with many choices when it comes to charting. More often than not Forex charts are defaulted with candlestick charts which differ greatly from the more traditional bar ...
A kicker pattern is a two-bar candlestick indicator forecasting sharp trend reversals in asset prices. Learn how it ...
The Chart Professor is back to help us dive further into the stock charts you need to make smart investment decisions. This week we’re talking candlestick graphs and why they can give you an edge over ...
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Understanding Basic Candlestick Charts
Candlestick charts were developed in the 18th century in Japan by rice trader Munehisa Homma. As a cornerstone and perhaps one of the earliest forms of technical analysis, they help traders and ...
A candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the price opened for a period, ...
Understanding the candlestick chart is an essential skill for anybody who wants to master trading truly. This is traditionally a pattern chart that can help determine price direction and identify when ...
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