Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.

What is a Japanese Candlestick? A Japanese candlestick chart displays a security's opening, closing, high and low prices for a given period. The central part of the candlestick, or the body, ...

Candlestick charts were developed in the 18th century in Japan by rice trader Munehisa Homma. As a cornerstone and perhaps one of the earliest forms of technical analysis, they help traders and ...