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Module 1 – Lesson 15 – Introduction to Japanese Candlesticks
In a bullish candle, the distance between the
closing and highest price of the candlestick is
called the upper wick, also called as upper
shadow. The distance between the opening and
lowest price of the candlestick is referred to as
the lower wick, also called as lower shadow.
In a bearish candle, the distance between the
opening and highest price of the candlestick
is called the upper wick, while the distance
between the closing and lowest price is
called the lower wick.
the a-z of japanese candlesticks is
a separate module which will be discussed in great length
in the advanced section course.
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