A filled candle shows that the Close is lower than the Open.Ī hollow candle opens near the low and closes near the high, showing a bullish trend for the session.Ī filled candle shows the bears in charge as the instrument opens high and closes near the low.Ĭandles come in all different sizes - a long candle shows one-sided action where a short candle may indicate a loss of momentum.Ī candle can also have a shaven head or shaven bottom - where there is no shadow at the top or bottom.A hollow candle shows that the Close of the session is higher than the Open.Traditionally candles are drawn either hollow or filled.The "wicks" or lines at the top and bottom of the real body are called the upper and lower shadow and represent the high and low values. The main section of the candlestick is called the real body and shows the range between the Open and Close. Candlestick charts are so called due to their resemblance of candlesticks.
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