A candlestick chart represents the open, high, low, and closing prices of a financial instrument (such as a stock or currency pair) over a specific time period, typically in intervals ranging from a few minutes to several months.Įach candlestick on the chart shows the opening and closing prices as well as the highest and lowest prices for the time period it represents. What is Candlestick in Trading?Ĭandlestick in trading refers to a method of displaying price action information using candlestick charts. It is a useful tool for traders and investors who want to identify trends and make informed decisions based on price action analysis. The PDF format makes it easy to download, print and refer to the chart patterns quickly. Each pattern is accompanied by a brief explanation of its meaning and potential implications for future price movements. The cheat sheet includes various bullish and bearish patterns such as Doji, Hammer, Engulfing, Morning Star, and Evening Star, among others. A Candlestick Chart Patterns Cheat Sheet PDF is a guide that provides a visual representation of common candlestick chart patterns used in technical analysis. Candlestick Chart Patterns Cheat Sheet PDF is available for download from the download link given below at the end of this post.
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