Japanese Candlestick Charting Techniques

Japanese Candlestick Charting Techniques by Steve Nison is the book that is widely credited with introducing candlestick charts to Western traders. It explains how a candlestick is built from the open, high, low and close, and how its shape and color show who was in control during a trading period. The book then walks through the main candlestick patterns, including those that hint at a possible reversal and those that suggest a trend may continue. It also shows how to combine candlesticks with familiar tools such as trend lines, support and resistance, and moving averages, so the patterns are read in context. Chart examples and clear explanations help readers learn to recognize each pattern on real price charts. It suits beginners who want to learn candlesticks properly and traders who already use them and want a solid reference, and it fits closely with our guides on chart patterns and technical analysis.