About Candlestick Patterns

A candlestick chart pattern represents the financial chart, it is used to picture the price movements (stocks, commodities, or other financial instruments)

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The rectangular portion of the candlestick describes the price range between the opening and closing price.

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If the closing price is higher than the opening price, the color green becomes bullish, and if the closing price is lower than the opening price, the color red becomes bearish.

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The candlestick patterns are used by traders and analysts to recognize trends, reversals, and price patterns.

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To know more about candlestick patterns

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