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Japanese candlesticks

Japanese Candlesticks is the most often used chart type. The candle represents the interval between the opening and closing price rates. If the market moved up the candle body is green. If the market move down the candle body is red. There are many candlestick patterns that help traders analyze the course of price movement. There are few simple strategies on candlestick analysis to help determine the reversal or continuation of the trend.

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