Candlestick Basic

Ok, Lets learn the most basic thing about candlestick.

Lesson no.1 -

Candlestick shows us the high, low, open and closing price in graphical mode. It was introduced to the world by the Japanese traders but elaborate deeply by Steve Nison- who also known as a candlestick pioneer. (ye ke??)

Lesson no.2 -

To differentiate it, we put color into candlestick ie - Red for candlestick which have closing price lower than opening price and Blue for candlestick with closing higher than opening price.

To be continue to Candlestick Basic no.2