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Japanese Candlesticks Explained

You may be asking yourself, "If I can already use bar charts to view prices, then why do I need another type of chart?"The answer to this question may not seem obvious, but after going through the following candlestick chart explanations and examples, you will surely see value in the different perspective candlesticks bring to the table.

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Candlestick long lower shadow

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Candlestick long upper shadow

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Candlestick Evening Star

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Candle Stick

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Euro Dollar (EUR USD) analysis

Forex trading. EUR/USD (Euro Dollar) technical analysis

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Charts

EUR USD