The origin of the popular candlestick charts lies in Japan. They have become one of the most popular ways of interpreting chart patterns among traders. Price movements within observation periods can be derived from the representation of the candlestick formation. The visualisation of the elements allows various conclusions to be drawn about the underlying price development of the financial instrument.
16 Indications for rising markets
13 Indications for falling markets
5 chart formations for set moves/ neutral base formations