Reading Candlestick Charts

Understand what the chart consists of Candlestick.
                                                                                    
There are no calculations required to interpret Candlestick Charts. They are a simple visual aid representing price movements in a given time period. Each candlestick reveals four vital pieces of information:

• the opening price, the closing price,
  
• the highest price and the lowest price the fluctuations during the time period of the candle.
  
• • The advantage of candlesticks is that they clearly denote the relationship between the opening and closing prices.
    
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