Japanese Candlesticks - Microlessons #1
- Black Candlesticks and White Candlesticks
Black Candlestick = Bearish (High to low, falling, descending, price dropping, downward, downtrend)
White Candlestick = Bullish (Low to high, upward, uptrend, price rising, ascending)
Notice the Open and Close on both the candlesticks. They are interchanged.
Also, the thicker portion of the candlestick is called the real body.
When the real body is black, it means the close of the session was lower than the open.
When the real body is white, it means the close of the session was higher than the open.
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