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Candlestick charts are used to encapsulate five information at the same time: the open, the high, the low, the close, and the direction of the price between two points in time. The color of the candlestick will define if the price drops or increase during the time interval.
One of the coolest things with candlestick is that people around the world have found patterns thanks to candlestick representation. Each pattern has an interpretation and can lead to trades. Here is the list of candlestick patterns that you can use within Alluvie platform: