Hollow Candlestick Chart: Difference between revisions
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Hollow candles are a useful tool to monitor and analyze price movements.<br> | Hollow candles are a useful tool to monitor and analyze price movements.<br> | ||
A Hollow Candlestick chart plots data series using a sequence of candlestick figures. A single candlestick consists of a body and a wick (also known as shadow or tail). The entire length of the candlestick represents the distance from the high to the low. | A Hollow Candlestick chart plots data series using a sequence of candlestick figures. A single candlestick consists of a body and a wick (also known as shadow or tail). The entire length of the candlestick represents the distance from the high to the low. | ||
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On the chart, the body of a candlestick takes the form of a pillar-like rectangle. The wick is the line above and/or below the body. | On the chart, the body of a candlestick takes the form of a pillar-like rectangle. The wick is the line above and/or below the body. | ||
The body of a candlestick can be either hollow or solid. | <img src="https://www.multicharts.com/trading-software/images/d/d9/CS_HCandlestick.png" width="400"> | ||
<br>The body of a candlestick can be either hollow or solid. | |||
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