Candlestick Pattern Explained

Candlestick charts are a technical tool that packs data for multiple time frames into single price bars. This makes them more useful than traditional open, high, low, close (OHLC) bars or simple lines that connect the dots of closing prices. Candlesticks build patterns that may predict price direction once completed. Proper color coding adds depth to this colorful technical tool, which dates back to 18th century Japanese rice traders.

In this 40min video lesson, you will learn about the different types of candlestick chart patterns and learn how to apply them in effectively.

Course curriculum

  • 1

    Instructions for this course

    • Notes Candlestick Chart Patterns

    • Candlestick Chart Pattern

    • Candlestick 2 or more