In the 20th century, the introduction of candlestick patterns to Western markets further enhanced their popularity among ...

Technical analysis—an analysis of historical price action and chart patterns—is one of the main methods to predict price direction. Candlestick analysis, a part of technical analysis ...

Before you dive into patterns, it’s important to understand how a single candle is built and what it represents. Each candle has three main components: A green (or hollow) candle means the close ...