What is Candlestick / Candlestick / Basics of Candlesticks / Candlestick Analysis
Candlesticks Candlestick is a Japanese candle which is shown in the chart there are different types of candleStick structures that can indicate different price moments and we can also trade according to them Bullish Candle The green candle is a bullish candle that shows the upward movement of the price at the time frame of the chart The green candle opens from the bottom and closes upward The black line on the candle is called a wick Barish Candle The red candle is a bearish candle that shows the downward movement of the price at the time frame of the chart The bearish candle opens upward and closes downward Candlestick Analysis Candlestick analysis means that analyze the market according to the structure of candlesticks Candlestick form different structure in the chart each structure of a candle represent different price action Type of Candlestick there are many types of candlestick following are 1. Bullish Engulfing Candlestick 2. Bearish Engulfin...