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A candlestick chart is a type of financial chart that shows the price action for an investment market like a currency or a security. The chart consists of individual “candlesticks” that show the opening, closing, high, and low prices each day for the market they represent over a period of time, forming a pattern. [1] In order to read a candlestick chart, figure out what each different part of a candlestick tells you then study the different shapes to learn about market trends. Candlesticks are a visual representation of the size of price fluctuations used to identify patterns. Learn how to candle stick chart pattern here on Groww. Learn how candlestick charts identify buying and selling pressure and discover patterns signaling market trends. This comprehensive guide covers the history, formation, and interpretation of candlesticks, as well as examples and variations. A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency.
