Japanese Candlesticks – Understanding Candlestick Structure & Bulls and Bears
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Question 1 of 10
1. Question
What are the two main components of a candlestick chart that you should understand?
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Question 2 of 10
2. Question
How is an uptrend candle typically marked in terms of colour?
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Question 3 of 10
3. Question
In the context of candlestick charts, what does an opening price higher than the closing price indicate?
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Question 4 of 10
4. Question
How do you define the “wick” of a candlestick?
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Question 5 of 10
5. Question
In a candlestick chart, what is generally represented by extended wicks or tails at the top and bottom of a candle?
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Question 6 of 10
6. Question
What is the main purpose of using different colours in candlestick charts?
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Question 7 of 10
7. Question
What does it mean when you see a red candle in a candlestick chart?
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Question 8 of 10
8. Question
What does an equivalent amount of capital invested in the bull and bear perspectives at the beginning of a candlestick chart suggest?
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Question 9 of 10
9. Question
How can you interpret a significant uptrend in a candlestick chart in terms of the bulls and bears?
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Question 10 of 10
10. Question
What does it imply when the number of bulls decreases at the closing price of a candlestick chart?
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