Why Use The Japanese Candlestick?

It’s a proven analysis that’s successfully used hundreds of years ago in Japan.
 Homna, the Rice Merchant, used the candlestick to amass great wealth and fortune in Japan.
 It was said that he had over one hundred winning trades in a row.His abilities became legendary and were the basis of Candlestick analysis.
 The Japanese Candlestick Analysis continues to enrich traders who have learned to decipher the story behind every bar.


A candlestick depicts the battle between Bulls (buyers) and Bears (sellers) over a given period of time.
 Through Japanese Candlesticks, the market signal that shows the battle between the Bulls (buyers) and the Bears (sellers) over a certain amount of time.
 By knowing how to read candlestick, you will know which direction the market is heading.

Understanding the Language of the Market

At first glance, you’ll notice two types of candlesticks:

Bearish Candlestick:Filled Candlestick(Dark)-Close price is less than open price,indicating selling pressure. 

Bullish Candlestick:Hollow Candlesticks(Light)-Close price is greater than the open price,indicating buying pressure. 

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