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When it watches movement of a stock, I understand it immediately if it watches a chart, but it says with a candle stick that there is much what is used in there.
The thing which resembled white and form of a black candle is drawn on a chart. This is convenience at a glance to be able to read movement of the small stock prices.
I call an opening price, the last stock prices a closing price by the first stock prices on 1st and say with the most low price by the most high price, the stock prices cheap most by the highest stock prices of the day.
A candle foot expresses these four prices in a candle of black and white.
When a closing price is higher than an opening price, I express it in a black candle (a shade line) when an opening price is higher than a white candle (a positive line), a closing price.
The best value and the most low price express it in a line (a mustache) which they lengthened up and down of a candle.
If the stock prices of the day rise, and a white candle is a black candle, it is for the stock prices of the day to have fallen down.
If a candle becomes long, it is for a rise in price of the day, a drop in price to be big. If length of a mustache becomes long, it is for a change of the stock prices of 1st to be big.
It may be said that a drop in price is expected as for the future stock prices so as what I can read from a color and length of a candle foot have a long white candle, and a rise in price can expect the future stock prices, and to have a long candle which opposite, is black.
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