Candlestick basics for beginners
Candlestick charts are used by traders to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points (open, close, high, and low) throughout the period of time the trader specifies.
Candlestick charts are used by traders to determine possible price movement based on past patterns.
Candlesticks are useful when trading as they show four price points (open, close, high, and low) throughout the period of time the trader specifies.
Many algorithms are based on the same price information shown in candlestick charts.
Trading is often dictated by emotion, which can be read in candlestick charts.
Learning Japanese candlestick is like learning a new language. Imagine
you got a book which is written in a foreign language, you look at the
pages but you get nothing from what is written.
The same thing when it comes to financial markets. If you don’t know
how to read Japanese candlesticks , you will never be able to trade the
market.
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