What Does High Wick Mean at Christopher Bronson blog

What Does High Wick Mean. Long wicks indicate that the price moved significantly during the trading period but ultimately closed near the opening price. The small lines above and below a candle body are called shadows of the candle or wicks and represent the price difference between the high. Candlestick wicks, or shadows, show the highest and lowest prices during a trading period. A long upper wick suggests that sellers pushed the price down from the high, while a long lower wick suggests that buyers pushed the price up from the low. Here’s how to identify the high wave. The pattern is created when the open, high, and close are roughly equal, and the low is significantly lower than the three other price. The high wave candlestick pattern is formed by one single candle. The upper wick shows the highest price.

How to Understand Candle Sticks on the Chart
from www.learnstockmarket.in

A long upper wick suggests that sellers pushed the price down from the high, while a long lower wick suggests that buyers pushed the price up from the low. The pattern is created when the open, high, and close are roughly equal, and the low is significantly lower than the three other price. The small lines above and below a candle body are called shadows of the candle or wicks and represent the price difference between the high. Long wicks indicate that the price moved significantly during the trading period but ultimately closed near the opening price. The high wave candlestick pattern is formed by one single candle. Candlestick wicks, or shadows, show the highest and lowest prices during a trading period. The upper wick shows the highest price. Here’s how to identify the high wave.

How to Understand Candle Sticks on the Chart

What Does High Wick Mean The upper wick shows the highest price. Candlestick wicks, or shadows, show the highest and lowest prices during a trading period. Long wicks indicate that the price moved significantly during the trading period but ultimately closed near the opening price. The high wave candlestick pattern is formed by one single candle. Here’s how to identify the high wave. A long upper wick suggests that sellers pushed the price down from the high, while a long lower wick suggests that buyers pushed the price up from the low. The small lines above and below a candle body are called shadows of the candle or wicks and represent the price difference between the high. The upper wick shows the highest price. The pattern is created when the open, high, and close are roughly equal, and the low is significantly lower than the three other price.

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