Candlestick Charts and Technical Analysis

Before making an investment choice, price movements in markets such as stocks, indices, parities, and futures can be analyzed using the candlestick chart approach, one of the technical analysis techniques that originated in Japan at the beginning of the 18th century. If the position of the closing relative to the opening is known in this approach, which has been refined over time in accordance with its users, even a candle picture can provide information about the strength of the market or the stock. It is essential for accurate analysis to show many candles side by side and to understand where in the market this exhibition is taking place.

This course is comprised of a number of unknowns regarding candlestick charts and material that has been combined and enhanced from many sources. It will be helpful for investors who conduct medium- and long-term transactions as well as those who conduct short-term trades in the financial markets, staff members of intermediary institutions, traders of gold and foreign exchange, and those who want to conduct all of their transactions more deliberately. There is material available that may be used to guide investors through their own examination, starting with the sketching of the candle bodies. Examples from both domestic and international markets will be used to support technical knowledge and analyses.