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    Candle Stick Anatomy 1

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    kefafx
    The document describes the anatomy of a Japanese candlestick chart. It explains that candlesticks define price movement over a specific time frame, with wicks showing the high and low prices reached and the body showing where the price opened and closed. It provides examples of a bull candle, which closes higher than its open and has a green body, and a bear candle, which closes lower than its open and has a red body.

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    Candle Stick Anatomy 1

    Uploaded by

    kefafx
    29 views3 pages
    The document describes the anatomy of a Japanese candlestick chart. It explains that candlesticks define price movement over a specific time frame, with wicks showing the high and low prices reached and the body showing where the price opened and closed. It provides examples of a bull candle, which closes higher than its open and has a green body, and a bear candle, which closes lower than its open and has a red body.

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    Candle-Stick-Anatomy-1

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    The document describes the anatomy of a Japanese candlestick chart. It explains that candlesticks define price movement over a specific time frame, with wicks showing the high and low prices reached and the body showing where the price opened and closed. It provides examples of a bull candle, which closes higher than its open and has a green body, and a bear candle, which closes lower than its open and has a red body.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    29 views3 pages

    Candle Stick Anatomy 1

    Uploaded by

    kefafx
    The document describes the anatomy of a Japanese candlestick chart. It explains that candlesticks define price movement over a specific time frame, with wicks showing the high and low prices reached and the body showing where the price opened and closed. It provides examples of a bull candle, which closes higher than its open and has a green body, and a bear candle, which closes lower than its open and has a red body.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
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    Japanese Candle Stick Anatomy

    HI

    BODY
    WICKS Range

    LOW

    Candle Stick

    - Defines price movement over x time frame (minute - days)


    - Wicks where price moved over the course of the time frame
    - Body defines where price opened / closed during the time frame.
    BULL CANDLE

    HI = 100

    CLOSE = 75

    RANGE = 50 points
    Body

    OPEN = 55

    LOW = 50

    Bull Candle

    - Closes higher than the open


    - Body is green
    Bear Candle

    HI = 100.00

    OPEN = 95

    RANGE = 30

    CLOSE = 75

    LOW = 70.00

    Bear Candle

    - Closes lower than open


    - Red Body

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