This application explains the forms of candles and chart patterns that most often appear on trading charts, which can be used to predict the direction of future stock and crypto asset price movements, by analyzing price patterns that have been formed previously.

Understanding how to read candlestick charts is an integral part of classical technical analysis. Candlestick charts are a system of monitoring and estimating price movements that were first used by traditional commodity traders in Japan several centuries ago.

Modern trading systems adopt candlestick charts as standard chart models to monitor daily price movements of assets such as stocks, forex, commodity futures, and currently active cryptocurrencies.