Candlestick patterns (also known as “Japanese candlestick charts”) are the indicators that form the basis of technical analysis as we know it today. They were first developed by Munehisa Homma in the 1700s in Japan. Today, Japanese candlestick patterns are an invaluable part of modern traders’ set of tools. They are used to describe price movements of a particular liquid security, currency, or derivative instrument like futures or options. This in-depth guide will help you get familiar with bullish and bearish candlestick patterns and learn how to use them in your daily trading activities.