End of month candle: Significance and impact on markets
The end-of-month candlestick is a landmark in the trading world, where traders and analysts alike focus on it. This candle reflects the market’s performance over a specific period of time, which is the month, and provides strong signals about potential future trends.
What is a month end candle?
The end of month candle is the last candle in the monthly chart. This candle represents the price action during the last trading session of the month, including the high, low, open and close prices.