Stock Scalpers LLC. 
Understanding Candles
March 3, 2021 
www.thestockscalpers.com
The Candlestick 
Imagine a simple line graph for a moment. Each piece of data is represented by a single point and these points are then connected. One to the next. This is helpful to smooth out noise, but far too much useful information is lost. 
Enter the candlestick. In its most basic form, a candlestick is nothing more than a data packet. The data packet consists of a solid “body” and two thin lines called “shadows” or “wicks” Additionally, the candles are coded by color to represent rising or falling price (generally green and red). 
Deciphering the Candlestick
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