Candlestick a short point on the seat of the candle, but a "pricket candlestick" refers to a very large point (onto which the candle is placed) with a small base. Candles and candlesticks are also used frequently in religious rituals and for spiritual means as both functional and symbolic lights. In Jewish homes, two candles are lit to mark the beginning of the Sabbath at sundown every Friday, hence, candlesticks are often on display. A seven-branched candelabrum, known as the Menorah, is the national symbol of the State of Israel, based on the candelabrum that was used in the Temple in
Candlestick pattern Sakata, Japan who traded in the Ojima Rice market in Osaka during the Tokugawa Shogunate. According to Steve Nison, however, candlestick charting came later, probably beginning after 1850. Candlesticks are graphical representations of price movements for a given period of time. They are commonly formed by the opening, high, low, and closing prices of a financial instrument. If the opening price is above the closing price then a filled (normally red or black) candlestick is drawn. If the closing price is above the opening price, then normally a green or a hollow candlestick (white with black outline) is shown. The