Japanese Candlestick

Japanese Candlestick

Candle Anatomy

• Body: Distance between open and closing

• Tip of upper wick/shadow: Highest price of that period

• Bottom of lower wick/shadow/hair: Lowest

• Range (length) of candle stick indicates

  volatility

• Upward candlestick usually or green or blue

• Downward candlestick usually black or red