章节 1  Introduction to Candlesticks

Introduction to Candlesticks-第1张图

A candlestick consists of a real body (rectangle part of the candle) and shadows or wicks (lines above or below the body). Each candlestick also consists of an open, high, low and close prices. Traders based on his trading horizon set the time frame of the candlestick chart.

Interpreting Candlestick in Candlestick Chart

Introduction to Candlesticks-第2张图

Open - The open is the first price traded and is indicated by either the top or bottom of the body of the candlestick.

High - The high is the highest price traded during the time period set for the candlestick, and is indicated by the top of the shadow that occurs above the body (called the upper shadow).The high price could be the open, close or a high hit within the time frame of the candle. If the open is the highest price then there will be no upper shadow.

Low - The low is the lowest price traded during the candlestick, and is indicated by the bottom of the shadow that occurs below the body (called the lower shadow).The low could also be one of the three prices open, close or a low price hit within the time frame of the candle .If the open is the lowest price then there will be no lower shadow.

Close - The close is the last price traded during the candlestick, and is indicated by either the top or bottom of the body.

Range - The price difference between the upper and lower shadow indicates the range the price moved during the time frame set for the candlestick. It is calculated by subtracting the high from the low of the candlestick. Range indicates the volatility associated with the candlestick. The higher the range, the higher is the volatility and vice versa. (Range = High - Low). 

Usage of Candlesticks

Candlesticks tend to form patterns which are interpreted by traders to identify a continuation or reversal of the existing trend. It is also used to spot short term trading opportunities. Candlestick patterns should

关于我们 用户协议隐私政策风险披露认证协议社区准则 帮助中心 意见反馈
App Store Android

风险披露

金融工具交易属于高风险投资活动,有导致部分或全部投资本金损失的风险,可能不适合所有投资者。本网站所包含的任何观点、聊天信息、通知、新闻资讯、研究调查、分析、价格或其他信息都是作为一般市场信息提供的,仅供教育和娱乐之用,并不构成投资建议。 所有的观点、市场行情、推荐或任何其他内容可能随时会改变,恕不另行通知。Trading.live对因使用或根据这些信息而直接或间接造成的任何损失或损害概不负责。

© 2024 Tradinglive Limited. All Rights Reserved.