Deechristophermagic
What is white and black candlesticks?
The two most common types of candlesticks are white/green/black hollow candlesticks, which are indicative of a strong uptrend; and red-filled candlesticks, which are indicative of a strong downtrend.
People also ask what does an open candle stick mean?
A filled candlestick indicates that a security moved lower after the open. This is important information. Moving lower after the open reflects weakness, while moving higher after the open reflects strength. Why do people use hollow candles? A hollow bar will always be created when the close is higher than the open. This type of candle shows buyers were in control of the security because the price was able to rise over the period, but this does not provide enough information to predict what will happen next.
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