Hello, young people
Reflect on this analysis to improve your daily bids.
What is Candle Body and Wick?
A candle consists of two main parts: the body and the wick.
The body indicates the price variation between the opening and closing, while the wick shows the amplitude of fluctuations throughout the day. Note the difference between them before placing your buy and sell orders.
The length of the body is related to the level of market constancy, with a longer candle body indicating greater volatility, and a shorter body indicating less volatility.
However, the high wick reveals the highest price reached during the candle period, and the low wick indicates the lowest price. Candle signals can be used by traders to analyze different trading periods, from daily or hourly cycles to minute cycles during the trading day.
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