Hollow candlestick

A candlestick chart consists of many candlesticks. A single candlestick has a body and a wick (also known as a tail).

In each candlestick:

• The body represents the closing and opening prices

• The wick represents the high and low prices

• Hollow body -> Closing price > Opening price (Bullish)

• Solid body -> Closing price < Opening price (Bearish)

• Color of candlestick:

  • Green -> Closing price of candlestick > Closing price of previous candlestick

  • Red -> Closing price of candlestick < Closing price of previous candlestick

  • White/Black -> Closing price of candlestick ithe same as Closing price of previous candlestick