Definition: A candlestick chart is a type of financial chart used to represent the price movements of a security, derivative, or currency pair over a specific time period. Each “candlestick” on the chart displays the open, high, low, and close prices for that period, providing a visual representation of market sentiment.
By using candlestick charts, traders can gain deeper insights into market trends and make more informed trading decisions based on price action and pattern analysis.
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