If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
A bullish candlestick is a candlestick where the closing price is higher than the opening price. On a chart, it is usually green or white, depending on a trading platform's settings. A bullish ...
The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts, and terminology. But as often happens on the high seas, new traders do ...
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 to ...
Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...
Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.
Candlestick patterns are a great way to spot changes in investor sentiment and possible reversal points in the price of an asset. However, the inverted hammer candlestick chart pattern can be easily ...