Patterns formed by the candlesticks forecast the supply, demand and price direction of stocks, derivatives, commodities or currencies. In general: A series of up candlesticks indicates an upward ...

Bullish candlestick patterns' appearance on the price chart indicates buyers' dominance in the market, which means that demand for an asset outweighs supply. As a result, the price will highly likely ...

The first use of candlestick charts was in Japan in the 18th century when finance noticed that there was a correlation between the supply and demand and price of rice, and as you might have ...