![]() ![]() White Candlesticks or Green Candlesticks: Indicate an uptrend.The candlesticks are distinguished by the following colours: Candlesticks resemble the shape of a real life candlestick and hence, the name. Drawbacks of reading candlestick patterns for tradingĪutomated trading using candlestick patterns ›Ĭandlesticks are used in quantitative trading for representing the Open, High, Low, and Close price movements of the tradable instrument (security, derivative, currency etc.).Benefits of reading candlestick patterns for trading.How to detect the candlestick patterns in actual charts?. ![]() ![]()
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