What is a Candlestick Pattern in Trading?
Key Takeaways: Historical Significance: First developed in Japan during the eighteenth century by Munehisa Homma, candlestick charts have been popularized through the works of Steve Nison in relation to technical analysis in trading. Pattern Recognition: The candlestick patterns graphically depict the psychology underlying the market sentiments. A trader can view a number of chart formations […]
