Japanese candlestick charting is used commonrly in trading in stock markets, forex markets and commodity markets.
By analysis of candlestick charts it is often to predict points where new price trends are about to start. Trending prices are what you need to earn profits, provided you are able to predict the start and end of the trend with reasonable certainty. Candlestick charts help the traders in identifying those turing points as they occur, before a new price trend starts.
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