Forex candlestick trading
What is candlestick trading?
Candlesticks are graphical representations of market price movements within a specified time period. A candlestick may represent price movement that occurred in the last 5 minutes; 15 minutes; 30 minutes; 1 hour; 4 hours; 1 day; 1 week; or 1 month for example.
Basic Candlestick Trading Pattern
This is what a candlestick looks like. The thick portion is known as the real body, and the thin parts are known as the shadow.
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