Volatile market: refreshing Japanese Candles helps you understand market asset movements over hours or days.
Japanese candlestick charts are characterized by representing 4 different prices of the same asset.
🔥Opening price of the period
🔥Closing price
🔥Maximum price reached during the period and the minimum price
The two Japanese candles in a chart:
👉Candles with a green or white body - prices rising -
👉 Red or black candles - prices falling -
The wicks
In Japanese candles mark the maximum and minimum prices.