How to Read Candlestick Charts?

The method of graphic Japanese candlestick chart analysis is the oldest method of technical analysis. It was developed by Japanese merchants in the XVIII-XIX centuries. The psychology of market participants’ behaviour and market sentiment is determined by the supply/demand ratio, which, in turn, affects the price movements. As a rule, the asset prices move in cycles, because people behave similarly in certain situations. This article will help you understand trader psychology and analyse candlestick chart patterns to trade in financial markets successfully. You can practise your technical analysis skills on the free demo account without registration with LiteFinance. What Is... Read full author’s opinion and review in blog of #LiteFinance