A Beginner's Guide to Candlestick Charts: 16 Essential Patterns
16 Candlestick Charts Traders Need to Know ✅Click here To follow us on Instagram🔥 Candlestick charts are one of the most widely used tools in technical analysis, offering traders a clear and concise way to interpret price movements over specific time intervals. Each candlestick captures four key data points—the open, high, low, and close—providing valuable insight into market behaviour within that period. By studying the shapes and formations of candlestick patterns, traders can gauge market sentiment, identify potential reversals or continuations, and make more informed trading decisions. Whether you’re trading forex, stocks, or commodities, understanding candlestick charts can enhance your ability to analyse price action and refine your strategy. In this guide, we’ll explore 16 essential candlestick charts every trader should know—and how to apply them effectively in real-world market conditions. Key Points -Candlestick charts visually represent price action by displaying the open, ...