In the world of trading between forex, stock and cryptocurrencies, a trader needs to know how to read candlesticks, because candlestick techniques must be mastered to get maximum profit and minimize losses. this article will discuss what candlesticks are and what are some examples of patterns that can be seen.
Candlesticks are a type of price chart used that show the display high, low, open and close price of a security for a specific period. So candlesticks can be used by traders to see chart pattern and price movement. candlesticks reflect the impact of Investor sentiment on the price of securities and used by technical analysts to determine when to enter and exit trading.
Candlestick charting is based on a technique developed in Japan in 1700s to track rice prices. Candlesticks are a technique suitable for trading any liquid financial asset such as stock, foreign exchange and cryptocurrencies.
click here How to read Candlesticks
