Candlestick patterns are represented on a price chart using individual candlestick shapes. Each candlestick displays the opening, closing, high, and low prices for a specific time period, such as a day, week, or hour. The body of the candlestick shows the price range between the opening and closing prices, while the 'wicks' or 'shadows' indicate the highest and lowest prices reached during that period.
By observing the patterns formed by these candlesticks over time, traders and investors can identify potential trends and make informed decisions in the financial markets.
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