Candle Pattern

Candle Bar patterns are a fundamental tool in technical analysis, used by traders and investors to predict future market movements and make informed trading decisions. Each pattern is formed by one or more candles on a chart, with each candle representing price movements within a specific time frame (like a day, an hour, or even a minute).

By identifying patterns such as ‘Bullish’ for rising prices or ‘Bearish’ for falling prices, traders can determine optimal entry and exit points in the market. These patterns, especially effective when used with other analytical tools, help in strategizing trades and managing risk in the context of overall market conditions.