Candlestick Charts

Basic introduction into candlestick charting and their basic components.

History of candlestick charts

The history of candlestick patterns can be traced to 18th Century Japan and rice trader call Homma Munehisa.

He developed a new trading technique, which eventually evolved into the candlestick methodology.

Example

Candlestick Structure

Long Periods Short Periods

Types of candlesticks

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Spinning Tops

Marubozo

Doji

Reversals

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Bearish Reversal

Bullish Reversal

Continuation

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