A candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of stocks.Evaluation using candlestick is more effective to predict for a short term like a weeks time.
Weekly trader can use the candle stick analysis and volume plays a vital role in candlestick analysis as higher the volume more is the trade and more stronger moves.
ENGULFING, PIERCING,DOJI,HANGINGMAN are the types of candlestick patterns