Hello, please first learn the basic concepts: K-line charts (Candlestick Charts) are also called candle charts, Japanese lines, Yin-Yang lines, bar lines, etc. The commonly used term is "K-line", which originated from The rice market trading in Japan during the Tokugawa Shogunate era (1603-1867) in the 18th century was used to calculate the daily rise and fall of rice prices. Because of its unique marking method, people introduced it into the analysis of stock market price trends. After more than 300 years of development, it has been widely used in securities markets such as stocks, futures, foreign exchange, and options.
K-line chart [1] is a type of technical analysis. It was first created by the Japanese in the 19th century. It was used by merchants in the Japanese rice market to record the market conditions and price fluctuations of the rice market, including Opening price, closing price, highest price and lowest price, white candlestick represents the rising market on that day, and black candlestick represents the falling market. This kind of chart analysis method was particularly popular in China and even the entire Southeast Asia region at that time. Because the shape of the chart drawn by this method is quite like a candle, and these candles are black and white, it is also called a Yin and Yang line chart. Through the K-line chart, people can completely record the market performance of each day or a certain period. After a period of trading, the stock price will form a special area or pattern on the chart. Different forms show different meanings.
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