Candlestick Patterns

Market Terms

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.

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.