What are candlestick chart patterns?

[Mdraghib]

Candlestick charts are one of the simplest ways to read price action. Each candle shows the market’s open, high, low, and close, helping you see who’s in control — buyers or sellers. When these candles form candlestick chart patterns like hammers, engulfing candles, or dojis, they can signal reversals or trend continuation. If you’re new, start by learning a few strong patterns instead of trying to memorize everything. It makes trading a lot clearer.

[Zeologic]

Understanding chart patterns in forex trading analysis is crucial for predicting potential future price movements, as chart patterns indirectly provide information about market psychology and reflect what's happening in the market. The most important thing is understanding the basic concepts of charts and market behavior as reflected in price history.