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What is the red and green candle?

A green candlestick means that the opening price on that day was lower than the closing price that day (i.e. the price moved up during the day); a red candlestick means that the opening price was higher than the closing price that day (i.e. the price moved down during the day).

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What is a god candle trading?

Know What is Price ? Action Analysis. You get the understanding of price action by reading the candlestick chart. In trading circles, it is said 'Bhaav Bhagwan hai'. This means that 'Price is God'. You can make a prediction of the stock price in the near future by observing the current price fluctuation of stock. What do long wicks mean? A long upper wick candlestick occurs when the high is extremely strong but then the close price is weak. If the lower wick is longer, it is indicative of a trading session that ended on a strong note where there was dominance by sellers but the buyers managed to push prices up.

What is a tick chart?

Tick, volume and range bar charts are data-based interval charts, as they all print a bar at the end of a set data interval, rather than when a certain amount of time has passed. Tick charts show a set number of transactions and let traders gather information about market action. Subsequently, what does green candle stand for? All the different colors of candles stand for different things, and green candles are associated with matters related to work and money, like career success and creativity and abundance.

By Zenia Kukowski

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