What does it mean when a candle tunnels?
Tunneling happens when only a small portion of the wax around the wick melts while the candle is burning. Instead of having the entire surface of the wax melt evenly, it will appear as though the flame is burrowing into the candle and creating what resembles a small, vertical tunnel - hence the name.
Do you cure candles with lids on or off?
Let your candles cure before test burning them. The minimum cure time is 3 days, while 1-2 weeks is the preferred curing time, especially for natural waxes such as soy and coconut. Place a lid on each candle and store them in a place away from excessive heat or light. Keep the container size and room size in mind. Is Green bullish? The Meaning of Candles Colored in Green and Purple: Green is bullish and purple is bearish. The pink candle represents a bullish market sentiment. The purple candle represents a bearish market sentiment.
One may also ask are green candles bullish?
It consists of consecutive long green (or white) candles with small wicks, which open and close progressively higher than the previous day. It is a very strong bullish signal that occurs after a downtrend, and shows a steady advance of buying pressure. What does a solid green candlestick mean? Green candles mean that the current closing price is GREATER than the previous candle's close price. Red candles mean that the current closing price is LOWER than the previous candle's closing price.
How do you know if a stock is bullish?
A black or filled candlestick means the closing price for the period was less than the opening price; hence, it is bearish and indicates selling pressure. Meanwhile, a white or hollow candlestick means that the closing price was greater than the opening price. This is bullish and shows buying pressure. How do you read red green candles? 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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