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 Engulfing Candlestick

3. Evening star candlestick

4. Spinning Top Candlestick etc

What are Candlestick / Candlestick / Basics of Candlesticks / Candlestick Analysis