The candlestick chart is the most sought-after in trading. Japanese candles will tell the trader when to enter a trade or close it.
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 a lack of information.
-Bar charts are inconvenient, especially on short timeframes.
-Japanese candles remain the most popular and sought-after type of graphical representation of price movement data.
