Japanese candlesticks are a Forex trader’s friend as they possess the immense ability to plot visually price action and market mood. By displaying open, high, low, and close prices over a specified time period, every candlestick allows traders to instantly understand whether buyers or sellers were in control.
More significantly, candlestick patterns like the Doji, Hammer, and Engulfing can indicate possible trend continuations or reversals, providing traders with a competitive advantage when it comes to entering and exiting the market. 
Japanese candlesticks continue to be one of the most effective and popular tools in technical analysis because they offer insights into both price action and trader psychology.