What are the Japanese Candlesticks in Forex?

[AltcoinArcher]

Japanese candlesticks in forex are a charting method that shows price movement within a specific time period. Each candle displays the open, close, high, and low prices. The body shows the difference between open and close, while wicks show highs and lows. Traders use candlestick patterns to identify trends, reversals, and market sentiment.

 

[helodear123]

I can agree that there are some similar patterns which are repeated in the candlestick charts and many traders can used to see them while the candlesticks are being painted.