Idiom of the Day
same old story
something that occurs in the same way as before
It is the same old story with my friend. He borrows money but he never wants to pay it back.
This candlestick implies normal buying pressure and shows that prices advanced during the day from open to close and the buyers were in control.
1. The body of the candlestick is white with normal length.
Candlestick Requirements and Flexibility
The white body of the candlestick should be of average length. The shadows? length is not important.
This candlestick alone is not reliable enough to decide about bullishness since it reflects only one day?s trading that was under buyers? control. It may show the continuation of a trend as well as the reversal. Other neighboring candlesticks must be taken into consideration for a decision regarding market direction.