​​What is Candlestick pattern?


In technical analysis, a Candlestick pattern is a movement in prices shown graphically on a Candlestick chart that some believe can predict a particular market movement. 
Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. The recognition of the pattern is subjective and programs that are used for charting have to rely on predefined rules to match the pattern. There are 42 recognized patterns that can be split into simple and complex patterns.

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