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    Technical index candlesticks

    The Japanese candlestick chart is considered to be quite related to the bar chart as it also shows the four main price levels for a given time period. So, what makes them the favorite chart form among most Forex traders? 

    The answer is that candles have a lot of qualities which make it easier to understand what price is up to, leading traders to quicker and more profitable trading decisions.

    Japanese candlestick charts are believed to be one of the oldest types of charts in the world. It was originally developed in Japan, several centuries ago, for the purpose of price prediction in one of the world's first futures markets.

    Below you will find a dissection of 12 major signals to learn how to use Japanese candlesticks.

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