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Candlestick i can't understand
Jun 25 at 19:54
Vues 22
1 Replies
Jun 25 at 19:54
(édité Jun 25 at 19:57)
Please see the attached screenshot of my GBP/JPY chart this evening.
I cannot work this out on my own, can someone please explain to me how that candle was formed and how the next candle can open and close the way it did? it defies all laws of open and close of my candlestick knowledge.
I'm new so please take it easy :)
Fichiers joints:
Hier à 12:46
It might seem like the new candle should open where the last one closed, but in real markets, that doesn’t always happen. Prices can gap up or down, especially after major news or over the weekend. So it’s normal if the open and close don’t line up exactly. You’ll see this a lot and often the reasons come from economic events or news releases, so keeping an eye on those helps make sense of it.
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