What is Candle stick analysis? Its evaluation and it real time application?

[Shiva]

Candle stick analysis is one of the oldest technical analysis used by Japanese to understand demand and supply.

We can find what happened on  a particular day tops , bottom and starting price and ending price how things are changing now.

The green body shows it is bullish and a red body shows it is bearish.

[shivkant]

candle stick analysis is Japanese way of analyze price movement in a day. it have opening and closing point with top and low price as well and color coding makes it easy to identify bullish and bearish day in a glance

[Hema]

The candlesticks are used to identify trading patterns. Patterns in turn help the technical analyst to set up a trade. The patterns are formed by grouping two or more candles in a certain sequence. However, sometimes powerful trading signals can be identified by just single candlestick pattern.

In a candlestick pattern green body shows a bullish and red body shows a bearish.

[Pradeep]

Candlestick analysis is done for a period of 1 week.

It is used to identify the price pattern and Create Long or short position.

[Vishal Rath]

Candlestick analysis is the analysis done by using the candlestick pattern over a short period of time.

A candlestick denotes 4 prices: Lowest price, Highest price, Open price, Close price.

It helps detect the price movement.

Various patterns are shown in picture below.

[Author]

Posts