Japanese candlestick reversal charts display prices at the opening and closing, as well as the highest and lowest prices over a specific period of time. By using these charts, prices can be examined over any of the different time frames, starting from one second to a full year. In addition to tracking price movements.
Traders rely on using Japanese candlesticks in order to know the next market trends by using certain patterns of Japanese candlesticks that indicate reversal or continuation.
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When the trader has the ability to identify these reversals, trading will then be easy, knowing that the presence of several rapid reversals and not making decisions quickly enough will lead to major losses.
