Words and Expression: Figures are like words. Thousands of word
spoken may make them difficult to comprehend. Charting those
figures is like expressions. A visual way to understand and
grasp the movement in a more efficient way Candlestick charting
was developed as an effort to add market sentiments to the
normal charts and to enhance the understanding of the market
movement even more. Market prices are not only governed by the
facts. The market is not ONLY governed by the fundamentals or
technicals (technical analysis). There is this third factor and
which plays a very important role. This is market psychology or
the general market sentiment. The market may go upside down in
one day or even in one hour… but if you would really see, no
economic fundamentals would have changed during that day or that
hour. What really changed was the market sentiment. It’s Fear
and Greed but many times just simple fear. Candlestick charts
can give an understanding of those market sentiments. It’s
believed that Candlestick char