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How to Read a Japanese Candlestick

By , About.com Guide

6 of 10

Determining The Price Range
How to Read a Japanese Candlestick

A long body represents a large price difference between the opening and closing prices for the period. Notice that the body can be either white (bullish) or black (bearish) as shown. A Long Body is also called a Long Day.

A short body represents a small price difference between the opening and closing prices for the period. This also applies to both white (bullish) or black (bearish) candlesticks. A Short Body is also called a Short Day.

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