CANDLE STICK PATTERN ( DOJI AND ENGULFING) U.S. Dollar / Japanese YenFOREXCOM:USDJPYnicholo31Candlestick trading is a technical analysis method that uses visual price bars to show the open, high, low, and close prices of an asset over a set time period. To understand how to read and use these charts, it helps to break them down into their basic parts and common patterns.Anatomy of a CandlestickReal Body: The wide part of the candle shows the range between the opening price and the closing price.Wicks (Shadows): The thin lines above and below the body show the highest and lowest prices reached during that specific time frame.Color: A green or white body means the price closed higher than it opened (an uptrend or bullish movement). A red or black body means the price closed lower than it opened (a downtrend or bearish movement).