What is the Japanese candlelight chart (K chart)?
Candlelight chart is also known as K line divided into two parts, Yang line and Yin line, respectively by the opening price, closing price, high price and low price.
It is often integrated with the platform after being graphed, and is widely used by users.
Positive line: The positive line is the rising line, usually represented by the green line in the market, of course, you can also set your own color in the properties.
Shade line: The shade line is a drop line, usually represented by a red line in the market, but you can also set your own color in the properties.
In foreign exchange gold trading, Japanese candlelight chart is often used to determine the timing of the trade and identify trend reversal, which is one of the effective tools for investors to operate.
Many traders like to look at several candle charts to place orders. Sometimes a single candle line can give you a strong signal to place orders.
If you can master the patterns of Japanese candle patterns, your success rate will increase to more than 80 percent during a five-minute period.
