Product ID: 34907857

 

The main difference between candlesticks and candleholders is the number of candles they can hold. A candlestick is a type of candleholder that has a socket or spike to hold one single candle. A candleholder can hold more than one candle.
There are 42 recognized patterns that can be split into simple and complex patterns. Author Thomas Bulkowski takes an in-depth look at 103 candlestick formations, from identification guidelines and statistical analysis of their behaviour to detailed trading tactics.
The candlesticks have been used as far back as the 17th century, the first detailed documentation of candlestick patterns can be traced back to an 18th-century by a Japanese businessman named Munehisa Homma and he used candlesticks to chart and track rice contracts and at that time everyone was tracking rice contracts, ...