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A candlestick chart (also called Japanese candlestick chart or K-line) is a style of financial chart used to describe price movements of a security, derivative, or currency. While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and ...
The size of shadows can vary. Interpreted as a neutral pattern but gains importance when it is part of other formations. Shaven Head A black or white candlestick with no upper shadow. [Compared with hammer.] Shaven Bottom A black or white candlestick with no lower tail. [Compare with Inverted Hammer.]
A series of candles rising with no lower wick signifies a strong uptrend, and vice versa with candles falling with no upper wick. [12] A doji signifies a possible change in the price trend. The chart shows the direction and trend of price. Heikin-Ashi is normally paired with other indicators to indicate long (buy) and short (sell) positions. [10]
Flat-wick lamps have the lowest light output, center-draft round-wick lamps have 3–4 times the output of flat-wick lamps, and pressurized lamps have higher output yet; the range is from 8 to 100 lumens. A kerosene lamp producing 37 lumens for 4 hours per day for a month (120 hours) consumes about 3 litres (6.3 US pt; 5.3 imp pt) of kerosene.
Important characteristics of the wick include diameter, stiffness, fire resistance, and tethering. A candle wick is a piece of string or cord that holds the flame of a candle. Commercial wicks are made from braided cotton. The wick's capillarity determines the rate at which the melted hydrocarbon is conveyed to the flame. If the capillarity is ...
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