Candlestick patterns are a type of chart signal used in technical analysis to interpret price movements in financial markets, according to 5paisa. They are graphical representations of price action over a specific period, helping traders identify potential trend reversals or continuations, says 5paisa. Each candlestick shows the opening, high, low, and closing prices (OHLC) of an asset, providing insights into the day's price action.
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Hello Everyone! 👋
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.