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A version of a candlestick chart is a hollow candlestick chart, where both fill and color are used to represent different price relationships: [5] Solid candles show that the current close price is less than the current open price. Hollow candles show that the current close price is greater than the current open price.
Big Black Candle Has an unusually long black body with a wide range between high and low. Prices open near the high and close near the low. Considered a bearish pattern. Big White Candle Has an unusually long white body with a wide range between high and low of the day. Prices open near the low and close near the high.
The holes allow the pigment to reach only some parts of the surface creating the design. The stencil is both the resulting image or pattern and the intermediate object; the context in which stencil is used makes clear which meaning is intended.
The pattern is made up of three candles: normally a long bearish candle, followed by a short bullish or bearish doji or a small body candlestick, [1] which is then followed by a long bullish candle. To have a valid Morning Star formation, most traders look for the top of the third candle to be at least halfway up the body of the first candle in ...
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Detail of the base. The candlestick was first modelled in wax, then cast in the "lost wax" technique in three sections. The metal is bronze in an unusual mixture of copper, zinc, tin, lead, nickel, iron, antimony, and arsenic with an unusually large amount of silver—between 22.5% in the base and 5.76% in the pan below the candle.
The resulting casting has good surface detail but the wall thickness can vary. The process is usually used to cast ornamental products, such as candlesticks, lamp bases, and statuary, from low-melting-point materials. [2] A similar technique is used to make hollow chocolate figures for Easter and Christmas. [6]
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