Who should use candle stick analysis? What is the role of volume in candlestick analysis?

[EQSIS]

Who should use candle stick analysis? What is the role of volume in candlestick analysis?

[Abirami Duraisamy]

Weekly trader can use the candle stick analysis and the significant volume change plays a role in candlestick analysis, since there are reversal patterns.

[Pradeep]

Candle stick analysis can be used by a position trader. Candle stick being a reversal pattern, Volume plays a key role in deciding the direction of the movement, we can confirm the reversal movement if and only there is a huge volume of stocks are traded.

[bhavani]

Candlesticks are used for a short term trader and it usually shows the reversal pattern. Volume with candlestick is very effective and confirms the movement direction

[khushi]

candlesticks should be used by weekly traders. volume plays an important role as higher the volume will confirm more participants and more stronger the moves.

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