White Candlestick for Profitable Investing and Trades

basic-candlesticks

Glad to have you here at Joyful Dividends! You are reading a blog series on Introduction to Candlesticks. If you will like to check out a series of candlesticks for to help you invest profitably, please head over to Basic Candlesticks for a full list! 

White Candlestick

white-candlestick
White Candlestick

Criteria: 

The body of this candlestick is white and of normal (or average) length. The lengths of the shadows are typically shorter than the body.

Information Conveyed: 

The white candlestick tells us that buying pressure was normal throughout the day. Prices advanced from open to close during the day and buyers were mostly in control.

Joyful Dividends Explains: 

This candlestick shows that the day’s trading was mostly bullish and there were more buyers than sellers in the market. It may reflect the continuation of an uptrend or a potential reversal. However, other candlesticks nearby have to be taken into consideration for a decision regarding market direction. When analyzing candlesticks, it is always important to take the market context (i.e. other candlesticks nearby) into consideration.

Feel free to check out other candlesticks or the short white candlestick to learn more!

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Disclaimer: Joyful Dividends is an independent and free website. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only. We do not receive compensation by any direct or indirect means from visitors and users of this website, and from the stocks, securities, institutions or any underwriters, brokers or dealers associated with the national or international forex, commodity and stock markets. By using Joyful Dividends, you agree that Joyful Dividends, its subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.

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3 Comments

  1. Hi Joyful Dividends, do you have any posts on fundamental analysis? Will love to know more about that and how to apply it to trading and investment!

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