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Definition
When referring to candlesticks:
The thin lines poking above and below the body display the high/low range and are called shadows.
The top of the upper shadow is the
Shadow
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Common Trading Terms
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If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
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Fibonacci fans name derives from the fanlike appearance of the three trend lines shown. The Fibonacci fans...
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Human behavior is not only reflected in chart patterns as large swings, small swings or trend formations....
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The Chaikin Oscillator was developed by Marc Chaikin to compare volume and price levels for an asset. The...
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Candlesticks that have small bodies with upper and lower shadows that exceed the length of the body. A very...
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