What are (Japanese) candlestick charts?
They originated in Japan the 1700s, as a way to measure the supply & demand of the rice markets:
- They show four price points (open, close, high, and low) throughout the period of time the trader specifies.
- They are used by traders to determine possible price movement based on past patterns.
- Candlesticks are useful when trading as
- Trading is often dictated by emotion, which can be read in candlestick charts.
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