Candle or Candlestick

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Definition of 'Candle or Candlestick'

A candle is a representation of the open, high, low and close prices of a security over a given period of time such as a day, hour, minute, or week. A candle where the open price is lower than the closing price is shown with a green or white body. When the closing price is lower than the opening price the body of the candle is red or black. Candles are seen in Candlestick Charts.

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Red and Black Candle

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Green and White Candles

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