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Height of Candle Body
Understanding the Height of Candlestick Body
Candlestick charts are a popular method of displaying price data in financial markets. They provide a visual representation of price movements and are used by traders to make informed decisions about buying and selling assets. Understanding the height of a candlestick body is an important aspect of technical analysis and can help traders identify trends and make profitable trades.
The height of a candlestick body is the distance between the opening and closing price of an asset over a given time period. When the closing price is higher than the opening price, the candlestick body is typically colored green or white and is considered bullish. Conversely, when the closing price is lower than the opening price, the candlestick body is typically colored red or black and is considered bearish.
The height of the candlestick body is important because it can provide valuable information about market sentiment. If the candlestick body is relatively small, it suggests that there is indecision in the market and that buyers and sellers are evenly matched. Conversely, if the candlestick body is relatively large, it suggests that there is a significant amount of buying or selling pressure in the market.
Candlestick charts are a popular method of displaying price data in financial markets. They provide a visual representation of price movements and are used by traders to make informed decisions about buying and selling assets. Understanding the height of a candlestick body is an important aspect of technical analysis and can help traders identify trends and make profitable trades.
The height of a candlestick body is the distance between the opening and closing price of an asset over a given time period. When the closing price is higher than the opening price, the candlestick body is typically colored green or white and is considered bullish. Conversely, when the closing price is lower than the opening price, the candlestick body is typically colored red or black and is considered bearish.
The height of the candlestick body is important because it can provide valuable information about market sentiment. If the candlestick body is relatively small, it suggests that there is indecision in the market and that buyers and sellers are evenly matched. Conversely, if the candlestick body is relatively large, it suggests that there is a significant amount of buying or selling pressure in the market.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.