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What is Understanding Candlestick Charts about?

Candlestick charts were developed by Japanese rice traders in the 18th century to represent fluctuations in securities and currencies over time. Candlesticks use lines and color-coded bars to depict the opening, closing, high, and low prices of a financial asset for a specific period. They consist of a body (black or white) and upper and lower wicks, with the body showing the difference between the open and close, and the wicks showing the day

Author

Mohamed Dawood

Language

EN