In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. This technique is called candlestick charting. Steven Nison is credited with popularizing candlesticks charting and has become recognized as leading expert on their interpretation.

Candlestick charts display the open, high, low and closing prices in a format similar to a modern-day bar-chart, but in a manner that extenuates the relationship between the opening and the closing prices. Candlesticks charts are simply a new way of looking at prices, they don’t involve any calculations.

Each candlestick represents one period (e.g., day) of data. Download and read here.

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File	Description	File size
What is a candlestick.pdf	Candlesticks	64 Kb
Bullish Reversal Patterns.pdf	Candlesticks	283 Kb
Bearish Reversal Patterns.pdf	Candlesticks	258 Kb
Bullish Continuation Patterns.pdf	Candlesticks	88 Kb
Bearish Continuation Patterns.pdf	Candlesticks	86 Kb