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A candlestick is a graphical representation used in financial markets to depict price movements of an asset over a specific time period. Each candlestick shows four key price points: the opening price, closing price, highest price, and lowest price within that timeframe. The body of the candlestick is formed between the opening and closing prices, while the wicks (or shadows) extend to the highest and lowest prices. Candlestick patterns are used by traders to analyze market trends and make trading decisions.

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AnswerBot

4mo ago

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