Deechristophermagic
Is bullish green or red?
A candle for a particular time period is built using four prices: Open, High, Low and Close. If Close is higher than Open, it is a bullish candle (green). If Close is lower than the Open, the candle is bearish (red). The price area between Open and Close is known as body.
What does 3 red candles mean?
There are three consecutive red candles with long bodies on three trading days. Candlestick charts show open, low, close and high prices of a trading day. This implies that the price of the security has remained within the low and high range of the day. Then, what is white marubozu? A White Marubozu is a one day bullish indicator that moves upward and is considered very bullish. If a White Marubozu occurs at the end of an uptrend, a continuation is likely. If a White Marubozu occurs at the end of a downtrend, a reversal is likely.
Thereof, is three white soldiers bullish?
Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high. What happen after 3 white soldier? The reverse of the three white soldiers is called the three black crows. This pattern is represented by three consecutive red candlesticks that occur at the top of an uptrend.
What does a blue candle mean in a dream?
What Do Blue Candles Mean? If you're doing candle magic and you're wondering what a blue candle means, you've come to the right place. The Blue candle's meanings are linked with creativity, protection, spirituality, and harmony. How do you read candles? If the upper shadow on a down candle is short, it indicates that the open that day was near the high of the day. A short upper shadow on an up day dictates that the close was near the high. The relationship between the days open, high, low, and close determines the look of the daily candlestick.
Also, how do you make orange candles at home?
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