Red Candlestick

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Definition of 'Red Candlestick'

A Red Candle represents the open, high, low and closing points on a candlestick chart for a time period where the opening price is above the closing price. At the top and bottom of the candle are wicks which are also sometimes called shadows.

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Red and Black Candle

A red candle is the same as a black candle. Some candlestick charts show the up candles as white candles and the down candles as black candles.

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