How to read /understand bionic candle?
1 Answer
<p id="isPasted">A bionic candle, in the context of trading and technical analysis, is a type of candlestick chart visualization that highlights the last movement before a candle closes, potentially revealing more subtle price action than traditional candlesticks. It essentially provides a more detailed view of price movement, particularly during the final moments of a trading period. </p><p>Lets understand it:</p><p>Traditional Candlesticks:</p><p>Represent the open, high, low, and close prices of a trading period. </p><p>Green (or white) candles indicate a price increase during the period, while red (or black) candles indicate a price decrease. </p><p>Wicks show the highest and lowest prices reached …</p>