I'm trying to understand candlestick charts in financial trading. Specifically, I want to know what the 'open to close' aspect of a candlestick represents and how it's used to interpret
market movements.
6 answers
Stefano
Tue Dec 17 2024
The close price, in contrast, is found at the top of the green candle's body.
Silvia
Tue Dec 17 2024
The "open" and "close" prices represent the values at the start and finish of a specific timeframe.
henry_harrison_philosopher
Tue Dec 17 2024
These prices provide insight into the market's behavior during the selected duration.
CryptoEnthusiast
Tue Dec 17 2024
Red candles signify a decrease in prices.
Daniele
Tue Dec 17 2024
Green candles on a chart indicate an upward movement in prices.