why do candlesticks work.

Price action traders rely on candlsticks because they convey a great deal of information about each trading period in a visual format that is easy to interpret,allowing traders to compare the behaviour of price in different time period with a quick glance at a price chart.

Re: Why do candlesticks work.

yes sir i am agree with your answer because setting price is a great element and they depend customers how they react on your pricing strategy so first see candle stick because they convey great information about each trading period and you analyse easily behaviour of customer according to the price and then you develop price which attract customers.