the.com/candlestick
A tiny portrait of greed and fear, painted every few minutes.
means A holder with a socket or spike that keeps a candle upright and catches its drips while it burns.
from A straightforward compound from Old English candel (itself borrowed from Latin candela, 'candle,' from candere, 'to shine or glow white') plus stick, meaning a stick or support to hold something — in this case, a slender shaft to hold a candle upright. The financial chart sense is a much later borrowing: 'candlestick charts' are so named because each bar, with its thin wick-like lines and thicker body, looks like a little candle standing on the price axis.
- body meaning
- Gap between open and close, nothing else
- wicks reveal
- Where the crowd got rejected, hard
- origin story
- Invented by an 18th century Japanese rice trader
- color trap
- Red and green are convention, not law