Part {5} USING CANDLESTICK CHARTS. A critical and powerful - TopicsExpress

Part {5} USING CANDLESTICK CHARTS. A critical and powerful advantage of candlestick charts is that the size and color of the real body can send out volumes of information. For example: a long white real body visually displays the bulls are in charge a long black real body signifies the bears are in control. a small real body (white or black) indicates a period in which the bulls and bears are in a tug of war and warns the markets trend may be losing momentum. As the real body gets smaller we ultimately wind up with a doji which is a candlestick line which has an equal open-close and thus no real body. Constructing the Candle Line [Doji] See In Comment.

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