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Dow Theory is one of the fundamental principles of technical analysis that helps to understand the behavior of financial markets. This theory emphasizes six basic principles: 1. The market reflects everything: all available information is reflected in prices and there is no need to analyze news separately. 2. Three types of market trends: primary (long-term), secondary (medium-term) and minor (short-term) trends, each of which has its own characteristics. 3. Each major trend consists of three phases: the accumulation phase, the public participation phase and the distribution phase. 4. Different indicators must confirm each other: to confirm a trend, related indicators must be in the same direction. 5. Trading volume must confirm the trend: an increase in trading volume along with price movement indicates confirmation of the trend. 6. Trends continue until there is a strong reversal signal: a change in trend requires clear signs. In technical analysis, candlesticks are an important tool for displaying price fluctuations. They provide information about the open, close, high, and low prices over a specified period of time, helping to identify price patterns and trends. There are also different types of price charts, including line, bar, and candlestick charts, each with their own uses. Understanding these tools and concepts is essential for analysts and traders to make more informed decisions in the financial markets.