Japanese candlesticks - Financial definition
Concise definition of the term Japanese candlesticks
Japanese candlesticks are a technical analysis tool that traders use to chart and analyze the price movements of assets and instruments in the markets.
Comprehensive definition of the term Japanese candlesticks
They are graphical representations of the open, close, high and low prices of the instrument, allowing to easily grasp price action during the selected timeframe.
Each candlestick is composed of three elements - the upper shadow, the body, and the lower shadow.