How to read candlestick charts
Candlestick charts are among the most popular style of charts and widely used by today's traders. Dating back to the early 18th century, the candlestick notation was developed by Japanese rice merchants who would use their accumulated knowledge to make predictions about the commodity's price. Candle charts are not the only type of chart available to traders. They’re one of many graphical representations of price action, which have developed alongside the markets.