How to Read a Candlestick Chart

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How to Read a Candlestick Chart
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Learn how to read and interpret candlestick charts for day trading. Our guide explores top candlestick chart analysis strategies and tips.

Candlestick charts differ greatly from the traditional bar chart

It’s important to understand the key components of a candle, and what they indicate, to apply candlestick chart analysis to a trading strategyA candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the pricePrice action

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