Candlestick charts, also known as candle charts, have been very popular in the trading community because of its ability to generate early trading signals and its simplicity in usage. Candlestick charts were invented by the Japanese, that is why they are also called Japanese candlesticks.

Japanese candlesticks generate best results when used along with western trading techniques. Candlestick patterns are used to generate signals of early reversal as well as the continuation of a trend.

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