A type of chart used by traders to help determine potential future movement based on past patterns. A candlestick chart displays four price points (the open, close, high, and low) within a time-period specified by the trader. For hundreds of years, we’ve known that supply-and-demand and trading are based on emotion. The candlestick patterns are ways of reading and interpreting that emotion.
We don't know everything about the markets. We're just devoted to learners. Taken from those smarter than ourselves, here's how we define Candlestick Patterns.