![]() ![]() On the other hand, a bearish candle is represented by a black or red real body and indicates that the closing price was lower than the opening price. A bullish candle is represented by a white or green natural body and indicates that the asset’s closing price was higher than its opening price during the period. ![]() The real body of a candlestick can be either bullish or bearish. The candlestick comprises a rectangle, known as the natural body, and two lines, known as shadows or wicks, extending from the real body’s top and bottom. Each candlestick represents a specific period, such as a day or an hour, and displays the opening, closing, high, and low prices. ![]() Japanese candlestick charts are a type of financial chart used to represent the price movements of an asset. In this article, we’ll look at Japanese candlestick patterns, their meanings, and how you can use them in your trading strategies. First used by Japanese rice traders in the 1700s, these charts are now used to analyze various financial markets, from stocks and commodities to cryptocurrencies and forex. Regarding technical analysis in trading, Japanese candlestick charts have become one of the most popular tools for traders worldwide. ![]()
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