Candlesticks, candlestick charts or Japanese candlesticks are the same thing. To use these effectively you need to learn how to read the candles. It is not just about reds and greens, its about candle bodies, the candle wicks, the shape and size of the candle and its position.

These include bullish and bearish engulfing candles, doji's, harami's. marabouzo and more.

Candlesticks work just as well for forex as they do for stocks, commodities like gold and oil and cryptocurrencies such as bitcoin and dogecoin.

Learning to read candlesticks will add another valuable tool to your tool kit as well as help you better understand what price is trying to tell you