Significant component.
Dec 29, 2019 at 07:16
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4 Replies
Dec 29, 2019 at 07:16
The following significant component of a candle is the wick, which is likewise referred to as a 'shadow'. These focuses are imperative as they show the extremes in price for a particular charting period. The wicks are rapidly recognizable as they are outwardly more slender than the body of the candle. This is where the strength of candles gets apparent. Candles can assist traders with watching out for market energy and away from the static of price extremes.
Member Since Aug 27, 2017
994 posts
Dec 29, 2019 at 13:23
Well; till now Price Action is my main trading strategy & I always make my entry point according to the whole scenario of trading pair!
Member Since Jan 05, 2016
1189 posts
Dec 30, 2019 at 23:34
figfilli posted:
What is the point of this thread? Will you explain more significant components of trading candle sticks
Here you go.
Reference link: https://www.investopedia.com/trading/candlestick-charting-what-is-it/#candlestick-components
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