![]() There was this Japanese guy named Honma Munehisa who was a rice trader in a market called the Dojima market in Osaka, Japan, and is considered by many as the father of the “Japanese Candlestick”. You must have seen simple line and bar charts but the Japanese Candlestick Char Technique is a thing on the next level. History of Japanese Candlestick Chart Technique Therefore understanding the Japanese candlestick chart technique is extremely helpful for all kinds of trading activities including trading Forex, Stocks, ETFs, Options, Futures, and Cryptocurrency. We use charts and graphs to plot the happenings of the market in a picture so that things become clear to us. ![]() This adage is true for the foreign exchange market as well. There is an old saying that, “ a picture speaks a thousand words”. ![]() Before going through the Japanese candlestick chart technique, let’s talk about a famous quote. ![]()
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