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Candlesticks: Definition, Patterns and What It Indicates? - Strike The different combinations of the upper shadow, the lower shadow and the body results in different candlestick patterns Each candlestick pattern represents different scenarios in the market and helps the traders time their entry and exit in the market
What is a candlestick? How to read candlestick charts What is a candlestick? A candlestick is a single bar on a candlestick price chart, showing traders market movements at a glance Each candlestick shows the open price, low price, high price, and close price of a market for a particular period of time
Candlestick Patterns Explained: A Guide for Traders | Britannica Money Candlestick charts are unique in their ability to convey multiple data points within a single graphical representation Unlike simple line charts, which display only closing prices over time, candlestick charts include the open, high, low, and close of a given trading period