We have covered many concepts from the basics of candles to an advanced method of monitoring bar-by-bar analysis.

Why Use Candlesticks?

  • Provides a visual picture of what is occurring.
  • Gives visual insights into others’thoughts and expectations.
  • Gives visual confirmation signals of support and resistance.
  • Can visually align your thoughts with the market.
  • Can visually point to potential reversal points.
  • Can a bar chart do this? Yes, but you can do it faster with candles!