Candlestick formed from the data open, high, low and close: If within a period of time close above the open, then the transparent or white candlestick is formed. If close below the open, then the black candlestick is formed. White or black part of the candlestick is called the body or bodies. Vertical line above or below the body illustrates the range high / low and is called a shadow or a shadow or some call tails.
The culmination of the shadow or the shadow or tail above is a high value. The base of the shadow or the shade or under the tail is low value. Well, so, from a candlestick, we can know: the value of high-low-closed, will also know the strength of the buy-sell transaction volume in the time range (time frame) is concerned and from there out trend trend is happening. Generally there are two types of candlestick, black and white, each long and short.
