I am trying to understand trading terms and came across 'candle closing'. I want to know what it means in the context of trading and how it affects traders' decisions.
6 answers
SsangyongSpiritedStrengthCourageBravery
Fri Dec 06 2024
A candlestick in financial charts encapsulates crucial trading information.
SoulWhisper
Fri Dec 06 2024
It begins with the Open, representing the initial transaction within a specified timeframe.
EthereumEmpire
Thu Dec 05 2024
The High point indicates the highest price achieved during that timeframe.
Arianna
Thu Dec 05 2024
Conversely, the Low point marks the lowest traded price during the same period.
Alessandra
Thu Dec 05 2024
The Close, signifying the final transaction, is another vital data point.