Candlesticks, an analysis method based on market psychology, originated in the Japanese rice trade of the 18th century. One of the most famous traders of that time was Munehisa Homma. He discovered that analyzing market sentiment provides excellent opportunities to predict future price movements. "Encyclopedia of Candlesticks" by Thomas Bulkowski presents, like no other book, a list of 103 candlestick formations with a statistical evaluation of their performance—both in bull and bear markets—in an easily understandable format. With the information in this book, readers will gain a better understanding of market dynamics and trade more effectively.