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Japanese Candles


Japanese Candles

Japanese Candles

Japanese candlesticks are one of the most popular technical analysis methods for stocks or forex. The history of Japanese candlesticks goes back to the year “1600 AD”, when the Japanese used to trade in the rice market, and an investor called “Huma Monheisa” invented a technical technique to represent and analyze the price of rice. This technique was called Japanese candles and because of its visual clarity it became Since the “1980’s” one of the most popular methods of technical analysis.
Japanese candlesticks are a unique technique for reading the price reaction and learning about the investor psyche through a set of models that give early signals of great value to analysts.
The Japanese candlesticks excel to a large extent, as it shows the same data as the bars (opening, closing, minimum, upper limit), but in a relationship between these prices to form models that give an honest impression of the psyche of investors.

12 of the most popular candlestick patterns on the chart:
There are many candlestick patterns that you will encounter during trading operations, whether on the upside or the downside, but these are the most famous of them:
1. Hammer candlestick
2. Inverted Hammer candlestick
3. Harami Candlestick
4. Shooting Star candlestick
5. Hanging Man candlestick
6. Piercing Line candlestick
7. Bullish/Bearish Engulfing candlestick
8. Dark Cloud candlestick
9. Three Black Crows candlestick
10. The 3 soldiers candlesticks
11. Morning Star candlestick
12. Evening Star Candlestick