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<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Candle stick analysis is short term analysis. where daily price moments are tracked.</span><br style=”box-sizing: border-box; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;” /><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Short term trades for 1-2 weeks. price & volume moments on a particular day is analysed in dept.</span><br style=”box-sizing: border-box; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;” /><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>It was followed by the Japanese.</span>
Candlestick analysis is short term analysis. where daily price moments are tracked.Short term trades for 1-2 weeks.It was followed by the Japanese.
Candle stick analysis is the oldest trading technical theory discovered by Japnaese and adopted by western countries.It is used for short term trade.
1.It is simple and powerful analytical method
2. Requires the Basic understanding of Demand & supply
3. It is used for short term trend , weekly
Candlestick analysis is one of the oldest analysis invented by the Japanese and later adopted by the western. It is simple yet powerful analytical tool used to study on a daily basis. Candlestick is useful in short term trades(weekly) and it requires basic knowledge of demand and supply.
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