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Candles

Candles - Japanese candles. It is a way of depiction of price chart at a certain time interval. But candles are built according to opening price indictors, and closing price indicators. But if the price of opening is higher than the price of closing it is falling bear candle. At the same time, if the opening price is lower than the closing one – it is bull candle. Thanks to the simplicity of its perception, candles are considered to be a popular reflection of quotations on price charts. Japanese candles are used in graphical and technical analysis of the market.

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