How to interpret a Kagi chart
Kagi charts are built exclusively to show significant changes in the prices of assets. The entire chart is made up of a line that is either thick or thin (or it can be red or green), either moving upward or downward, and then across to resemble a chart of block shapes. When the specified amount of change in an asset has been reached, the line will move in that direction. For example, if it goes up by a specified $10, the line will go up and become thick if the movement breaches a prior high, and or it will become thin if it breaches a prior low.
There are several trade signals associated with a Kagi chart, including shoulders, waists, rising shoulders, falling waists, and the three-Buddha bottom (which is similar to an inverse head and shoulders pattern).