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What is a Candlestick?

The hollow or filled portion of the candlestick is called “the body” (also referred to as “the real body”). The long thin lines above the body represent upper shadow/wick and the lower thin line below the body is called lower shadow/wick. The High is marked as top of the Upper Shadow and low is markedContinue reading “What is a Candlestick?”

Introduction to Candlesticks

We might not believe it but Candlesticks have been around a lot longer than anything similar in the world. The Japanese were using charts in the 17th century to trade rice, whereas the people stated using charts for trading in US only around late 19th Century.   Most of the credit for candlestick development andContinue reading “Introduction to Candlesticks”