Importance of Candlestick Patterns In 2026

Why Candlesticks?

The price is not random. Every candle shows: Open • High • Low • Close

The Origin

Candlestick charts were developed in the 1700s in Japan by rice trader Munehisa Homma. He discovered that emotions, greed, & fear move markets.

How to Read a Candle?

🟢 Green Candle = Buyers in control (Close > Open) 🔴 Red Candle = Sellers in control (Close < Open)

3 Main Types of Candlestick Patterns

Why Candlestick Pattern Matters?

Stay tuned as we decode a new candlestick pattern each day in this ongoing series.