Question

Candlesticks are important to your trading analysis because it is considered as

a) a historical artifact
b) a random pattern
c) a powerful tool for technical analysis
d) a religious symbol

Answer 1

Candlesticks are not religious symbols, but instead, they are cross staffs used by astronomers and navigators before the invention of the telescope.

Step-by-step explanation:

Candlesticks are not religious symbols. They are actually cross staffs, also known as Jacob's staffs, which were tools used by astronomers and navigators before the invention of the telescope. A cross staff consists of a main staff with a perpendicular crosspiece that can slide up and down along it.