Candlestick charts are a visual aid for decision making in stock, foreign exchange, commodity,

and option trading. Looking at a candlestick, one can identify an asset’s opening and closing
prices, highs and lows, and overall range for a specific time frame. [7] Candlestick charts serve as
a cornerstone of technical analysis. For example, when the bar is white and high relative to other
time periods, it means buyers are very bullish. The opposite is true for a black bar.
A candlestick pattern is a particular sequence of candlesticks on a candlestick chart, which is
mainly used to identify trends.