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This article covers everything you need to know about candlestick patterns from what they are, to some of the most common patterns and what they mean.

Candlestick charts first appeared as far back as the early 1800s, and as with anything in trading, many people claimed credit for the idea.

The second component, the wick, is the line that exists on the top and bottom of the candle’s body and shows the high and low extremes for a particular time period.These are called Japanese Candlesticks, and we’re going to talk a whole lot about them in this article.For anyone looking to understand trading, having a strong background knowledge of candles and what they depict can give you a leg up in the challenging game of stock trading.Recognizing candle patterns is one of the first skills you should learn in your trading journey, but it’s not just about seeing the pattern, understanding what it is showing you and how you can develop profitable candlestick trading strategies is key.The value in all the patterns that are commonly used for trading is that they can be used to potentially predict future price action.

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