In this article, We learn about “Long Candle “.Let’s Go!
A Long Candle represents a Japanese candle with a very long body (or height)
The larger real body of
represents a large price movement from the opening of to the closing of .
The long white/green candlestick indicates the presence of strong buying pressure.
This usually indicates a bullish trend in price. That said, long candles should be viewed within the context of the overall price movement, rather than just as stand-alone candles.
For example, a long white candlestick may have greater significance if it forms at a major support level.
Long black/red candlesticks indicate significant selling pressure. This indicates a bearish trend in price.
If you want to learn more foreign exchange trading knowledge, please click: Trading Education.
