A candlestick chart is a type of financial chart used by traders to visualize price movements over a specific time period, such as a minute, hour, day, or week.They originated in 18th-century Japan, ...
Traders often rely on Japanese candlestick charts to observe the price action of financial assets. Candlestick graphs give twice as much information as a standard line chart. They also allow you ...
Nifty ended Tuesday's session 218 points higher, forming a Piercing Line candle. The underlying short-term trend is on the verge of reversal. A move above 24500 could trigger a fresh upmove. However, ...
However, forex traders favor candlestick patterns because candlestick charts are the most popular chart pattern nowadays. Forex chart patterns fall into three categories — reversal, continuation ...