The upper and lower shadows on the candlesticks can provide valuable information about the negotiation session. The upper shadows represent the high and low shadows of the session the low session. Candlesticks with short shadows indicate that most of the commercial action was limited to opening and closing. The chandeliers with long shadows show that the prices extended far beyond the opening and closing.
Candelabras with a long upper shadow and a short lower shadow indicate that buyers dominated during the session and offered higher prices. However, sellers later forced prices to fall from their highs, and the weak close created a long upper shadow. Conversely, candlesticks with lower long shadows and short short shadows indicate that sellers dominated during the session and prices went down. However, buyers later re surged at higher offer prices at the end of the session and the strong closing created a long lower shadow.
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