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Usage. Candlestick charts are a visual aid for decision making in stock, foreign exchange, commodity, and option trading. By looking at a candlestick, one can identify an asset's opening and closing prices, highs and lows, and overall range for a specific time frame. [7] Candlestick charts serve as a cornerstone of technical analysis.
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period.
A candlestick chart (also called Japanese candlestick chart or K-line[8]) is a style of financial chart used to describe price movements of a security, derivative, or currency. Stock price prediction based on K-line patterns is the essence of candlestick technical analysis. However, there are some disputes on whether the K-line patterns have ...
Line break chart. Line break charts contain an “up line” and a “down line” which are normally distinguished using different colors, e.g., an up line can be represented by a green line and a down line can be represented by a red line. [6] A new up line is added when the previous high is exceeded by the underlying chart's close and a down ...
In the RGB model, hues are represented by specifying one color as full intensity (255), a second color with a variable intensity, and the third color with no intensity (0). The following provides some examples using red as the full-intensity and green as the partial-intensity colors; blue is always zero: Red. Green.
The Munsell color system, showing: a circle of hues at value 5 chroma 6; the neutral values from 0 to 10; and the chromas of purple-blue (5PB) at value 5. In colorimetry, the Munsell color system is a color space that specifies colors based on three properties of color: hue (basic color), value (lightness), and chroma (color intensity).
Green, Blue, and Pink “When working in historical houses, I love to create a balance of color and light—often painting the walls a soft neutral white (Farrow & Ball’s All White is a favorite ...
Wilhelm von Bezold's 1874 Farbentafel. A color wheel or color circle[1] is an abstract illustrative organization of color hues around a circle, which shows the relationships between primary colors, secondary colors, tertiary colors etc. Some sources use the terms color wheel and color circle interchangeably; [2][3] however, one term or the ...