You can track more complex signals — trend reversal times and points for entering a trade on a Japanese Candlesticks chart.
To determine the best time to make a trade on a candlestick chart, focus on one or more candles. Each candle has an open and close price as well as a minimum and maximum price. The combination of these four factors determines when a trade is opened or closed.
Sometimes one or more candlesticks form combinations which are called candlestick patterns. Such patterns help to determine when to enter a trade and how the price will behave in the future.
