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Buyers and sellers move markets based on expectations and emotions (fear The high is marked by the top of the upper shadow and the low by the bottom of ‎Formation · ‎Doji · ‎Bulls Versus Bears · ‎Candlestick Positioning. Jul 24, - Candlesticks were developed by rice traders in Japan many centuries ago to help Because supply and demand are the main tenets of our financial markets, being able to visualize the relationship at a moment's notice is a.