What is Japanese Candlestick or What is CANDLE / What is open , close, high, low, Body, Wick?

A candle is the combination of OPEN, CLOSE, HIDH, LOW. And picture forms with the help of previous data such as OPEN, CLOSE, HIGH, LOW. i,e. is known as Candle and this idea use by Japanese to TRADE/INVEST in STOCK MARKET. Whereas in other country such as USA or ASIA use BAR CANDLE which will discuss in another part. Where a candle Open and Close that is known as BODY of the CANDLE.

What is CANDLE?

ROLE OF CNADLE IN TRADING / TECHNICAL ANALYSIS

A CANDLE helps to trader and investor to understand the structure and behavior of the market. This data helps them to deploy their capital to earn money in exchange of RISK as REWARD. If a candle opens at a price and fall from the that below then that shows the bears and more stronger than bulls at a particular time such as 5min. 15min, etc. and vice versa.{ above picture }. A CANDLE helps a trader to predict the movement of stock or Market. Such as in above pic the CANDLE  showing +ve scenario in the market. Traders start deploying their capital as soon as the next CANDLE break the high of the previous CANDLE.

BY - FINTRADE