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

[Maruti Patil]

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.

[Shantanu]

weekly traders can use Candlestick analysis.
high volume indicates trend reversal in case of DOJI and Hammer/Hanging man

[Aruna]

Trader who wish to do trading within a week go fo candle stick analysis  and  huge volume indicate trend reversal

[monish kumar]

short term traders use candlestick analysis.

good volume during reversal time after a significant rise/fall indicates the strength of the reversal.

[satish katwate]

<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>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.</span>

[Author]

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