We explain what a Japanese candlestick is. We discuss the two-color and the six-color candlesticks. To do so, we take as an example Juventus shares and the fluctuation of bitcoins.
We explain what a Japanese candlestick is. We discuss the two-color and the six-color candlesticks. To do so, we take as an example Juventus shares and the fluctuation of bitcoins.
A summary of this article with some extra info appears in the following video:
The simplest candlestick pattern consists of two colors, the complex one of six... In general, Japanese candlesticks, or candles for short, are used to register in a graph more information about the fluctuation of an asset's price over time. When we talk about an asset, we refer to anything that can grow and give us profits (of course it can also decrease and give us losses), for example, stocks, cryptocurrencies, commodities, and even our health, which tends to decrease steadily when we are old, but in our 20s it can oscillate reaching glorious times.
Click on the corresponding button to study either the two- or six-color candles:
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