What is The Definition of Candlestick?
Candles are a type of price chart used in technical analysis that periodically shows the rise, fall, open and close of security. It was used by rice merchants and traders in Japan to track market prices and daily dynamics for hundreds of years before it became popular in the United States. Most candles are called real bodies and let the investor know if the closing price was higher or lower than the initial price (higher if the stock closed higher, black / red if the stock closed higher)
- Candlestick charts periodically show high, low, open and close prices for security.
- Candles have been used by rice traders and retailers in Japan to test market prices and daily dynamics for hundreds of years before they became popular in the United States.
- Traders can use candles in search of graphic patterns.
Candlestick can be defined as, These technical indicators show the opening and closing price of a security given to an investor over a period of time.
Meanings of Candlestick
Support one or more candles, usually large, large and thin.
Sentences of Candlestick
The figure was thought to be a pendant lamp that burst from the base on both sides.