what is a kagi chart 
the kagi chart is a specialized type of technical analysis developed in japan in the 1870s it uses a series of vertical lines to illustrate general levels of supply and demand for certain assets including the price movement of rice a core japanese agricultural product thick lines are drawn when the price of the underlying asset breaks above the previous high price and is interpreted as an increase in demand for the asset thin lines are used to represent increased supply when the price falls below the previous low 