Candlestick
What is Candlestick?
A candlestick chart is more than just a simple graph; it visually summarizes market activity over a defined period. Each candlestick outlines the opening, lowest, highest, and closing values of a market, enabling traders to analyze patterns that can aid in predicting future market movements through technical analysis.
Understanding Candlestick
Traders can customize candlestick charts to suit various time frames, adapting them to their specific needs. These intervals can range dramatically, spanning from a quick one-minute candlestick update to a more extended one-month overview. Typically, short-term traders lean towards lower time frame candlesticks when searching for entry points.
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