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!