Japanese candlesticks

                                                                           
Compared with bar charts, candlestick charts are visually more attractive and easier to interpret. Candlesticks allow one to have a clear and quickly recognizable picture of price action. Traders can see and compare the relationship between the opening and closing prices as well as the highest and lowest prices of a given unit of time. In addition, the color of each candle allows one to see the buying or selling pressure. .....(more)

Read the illustrated article on Japanese candlesticks
For more details, see the Japanese candlestick glossary