Japanese Candlestick: Decoding Market Sentiment in One Glance
Introduction
Japanese candlestick charts compress an entire trading session into an easy-to-read symbol. When interpreted correctly, candles reveal crowd psychology and help traders refine entries and exits. They dominate forex, stock, and crypto screens worldwide.
Brief History
Developed in 18th-century Osaka rice markets, candlestick charting is credited to legendary merchant