Candlestick is graphical representation of the chart where in we show open/high/close/low. We give the color code to show bullish and bearish day.Candlestick is used for short term trend generally for few day to a week.Its a trend to catch trend reversal.Short term traders with a time horizon of day-week should be using candle stick. Volume plays the key role on break out and break down.
Prakash Srivastava, , Candlestick Analysis, candlestick, doji, Engulfing patter, hammer. Bullish or bearish piercing, hanging man.