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What the representation in Japanese candlesticks?

 

 

The representation in Japanese candlestick is a chart of the oscillation of the exchange rates of a share.

The exchange rates are in constant oscillation and this betrayed oscillation certain emotions of the investors, their doubts, their certainty, their difficulties of encircling the market. .

This representation takes into account, in addition to closing rates, the price opening, low and highest of the day.

 

Each day is represented by a candle made up of a body of color, a high fuse and a low fuse.

The color makes it possible to know if closing rates summer above or in lower part of the opening price, therefore the body is of #F56D8F color for one day of rise and it is #F66E90 for a fall.

The high fuse corresponds to highest of the day and the low one for low.

The large #F56D8F candles will announce us that the investors are bulls for the future while those in #F66E90 which they are rather negative.

The continuation of several days with small candles will announce us that the markets are hesitant.
But there exist tens of combinations of candles, very followed by the investors and who bring signals to us on the future of the exchange rates of a share.

(see small “the Japanese candlesticks”)