Gongmyeong's Knowledge Sharing - Step 2
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< Let's just watch it for three minutes! Zhuge Gongmyeong's Knowledge Sharing >
We learned the basic theory about the composition of candles yesterday, and today we're going to summarize the names of the candles while looking at the actual candles.
You can think of it as a review of yesterday's content!
First, let's look at the left candle.
The left candle is green, so it's bullish candle.
- Bullish candle is a candle with a higher closing price than the starting price, which means that the price was higher at the end than at the beginning of the candle formation.
The starting price and the closing price can be confusing, so let's find out the easiest high price and low price first.
The high price is the highest price in the candle. They don't care about bullish or bearish candle.
The low price is the lowest price in the candle, as opposed to the high price.
In these candle, the high price is around 22315 and the low price is around 22250.
In the bullish candle, the 'starting price' is 'below' the closing price.
So the red part is the beginning of the candle. It looks like 22265.
The closing price is the blue part located on the opposite side. It looks like it's about 22300.
This time, let's distinguish between the body and the tail.
*If you divide the bullish candle into tail and body, it can be divided into three categories: lower tail, body, and upper tail.
Lower tail (low price ~ market price)
Body (shiga to closing price)
Upper tail (Closing price ~ expensive)
We found low prices, starting prices, closing prices, and high prices earlier, so you can replace them as they are.
Lower tail (22250 to 22265)
Body (22265 to 22300)
Upper tail (22300 to 22315)
It's not hard, right?
In fact, the tail, the body, the top price, and the low price can be intuitively distinguished, so it is important to understand to the extent that "Closing price" and "Starting price" are not confused.
The candle on the right is a bar.
Check it out and let's understand why it's like that!
< Let's just watch it for three minutes! Zhuge Gongmyeong's Knowledge Sharing >
We learned the basic theory about the composition of candles yesterday, and today we're going to summarize the names of the candles while looking at the actual candles.
You can think of it as a review of yesterday's content!
First, let's look at the left candle.
The left candle is green, so it's bullish candle.
- Bullish candle is a candle with a higher closing price than the starting price, which means that the price was higher at the end than at the beginning of the candle formation.
The starting price and the closing price can be confusing, so let's find out the easiest high price and low price first.
The high price is the highest price in the candle. They don't care about bullish or bearish candle.
The low price is the lowest price in the candle, as opposed to the high price.
In these candle, the high price is around 22315 and the low price is around 22250.
In the bullish candle, the 'starting price' is 'below' the closing price.
So the red part is the beginning of the candle. It looks like 22265.
The closing price is the blue part located on the opposite side. It looks like it's about 22300.
This time, let's distinguish between the body and the tail.
*If you divide the bullish candle into tail and body, it can be divided into three categories: lower tail, body, and upper tail.
Lower tail (low price ~ market price)
Body (shiga to closing price)
Upper tail (Closing price ~ expensive)
We found low prices, starting prices, closing prices, and high prices earlier, so you can replace them as they are.
Lower tail (22250 to 22265)
Body (22265 to 22300)
Upper tail (22300 to 22315)
It's not hard, right?
In fact, the tail, the body, the top price, and the low price can be intuitively distinguished, so it is important to understand to the extent that "Closing price" and "Starting price" are not confused.
The candle on the right is a bar.
Check it out and let's understand why it's like that!
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