A chart is like a map, the more information each one provides, the better the chance of reaching your destination safely. Candle charts display a more detailed and accurate map of the market than do bar charts. A Japanese book that I had translated stated, “It is not an exaggeration to say that candlesticks are the best in the world and a very exquisite creation for charts.” This is because, as detailed below, candle charts open new avenues of analysis and offer many advantages over bar charts