Candlestick charting is the most in-demand in trading. Japanese candles will indicate to the trader when to enter or close a trade.

Sometimes they are even more effective than technical analysis tools.

In financial markets, three types of charts are distinguished — line, bar, and candlestick.

-Line charts are not used by traders due to lack of information.

-Bar charts are inconvenient, especially on short timeframes.

-Japanese candles remain the most popular and in-demand type of graphical representation of price movement data.