Rom wrote:I can see all of you display candlesticks charts when you post charts.
Is there any advantage of using candlestick charts instead of line charts? To me they seem confusing.
I guess it’s simply preference rather than a particular advantage.
Candles & bars are merely representations of price action, nothing more.
I don’t know about you, but I, & colleagues I work with certainly don’t trade exclusively off (individual or small groups of) candles, bars, point & figure, line charts or any other price mirror visual.
If a level or zone is psychologically pertinent enough, then it’ll react whatever preference you decide to utilize.