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Candlesticks
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Candlestick charts display the open, high, low, and closing prices in a format similar to a modern-day bar-chart, but in a manner that extenuates the relationship between the opening and closing prices. The interpretation of candlestick charts is based primarily on patterns. The most popular patterns are thoroughly explained in this website. Candlestick charts are flexible, because candlestick charts can be used alone or in combination with other technical analysis techniques.

Candlestick charting techniques provide an extra dimension of analysis. As with all charting methods, candlestick chart patterns are subject to interpretation by the user. As you gain experience in candlestick techniques, you will discover which candlestick combinations work best in your market

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