candles stick

The importance of candles stick

In the Seventeenth century, the Japanese developed a method to analyze the price of rich contracts. This technique is called “candlestick charting. Steven Nison is credited with popularizing the candlestick chart and has become recognized as the leading authority on the interpretation of the system.
Candlesticks chart the price fluctuations of a product. A candlestick can represent any period of time. A currency trader’s software can provide charts representing anywhere from five minutes to one week per candlestick.

1 comment:

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