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Topic: Candlestick Analysis & Patterns (Read 123 times)

full member
Activity: 448
Merit: 109
March 07, 2018, 03:45:39 PM
#2
The first and most fundamental form of technical analysis is the candlestick, which is being used by the Japanese since the 17th century. It is still being used extensively among users, as it is a visually attractive way to monitor prices. The candle body is formed by the difference between opening and closing prices and the shadows on the ends of the candle show the high and the low over this period. If the candle is red or black, this means the closing price was below the opening and a white, green or blue candle shows the price closed higher than the opening.

Read more here:
http://bit.ly/2FjKJDQ

Try not to use bit.ly as some people might not even click on the link as there are many shady websites that use shorten urls for purpose of hiding to what users click on. Plus I see you only spamming these links here without even being engaged into convestation which makes me think that you won't even see my reply.
newbie
Activity: 82
Merit: 0
March 07, 2018, 10:30:01 AM
#1
The first and most fundamental form of technical analysis is the candlestick, which is being used by the Japanese since the 17th century. It is still being used extensively among users, as it is a visually attractive way to monitor prices. The candle body is formed by the difference between opening and closing prices and the shadows on the ends of the candle show the high and the low over this period. If the candle is red or black, this means the closing price was below the opening and a white, green or blue candle shows the price closed higher than the opening.

Read more here:
http://bit.ly/2FjKJDQ
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