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Long Candle

Long Candle

A long candle represents a single Japanese candlestick where the length (or height) of the candlestick’s body is very long. The large body indicates a huge price move from open to close. It is important to know what a long candle is, how it looks and how it works when trading stocks and stock options.
A long candle is a Japanese candle. In Japanese candlestick charting, a long candle represents a single candlestick where the length (or height) of the candlestick's body is very long. The wide body indicates that price has been range-bound and yesterday closed sharply higher.
Diagram of Long Candle: - Long Candle
In the above diagram on the left side it denoted as Bearish Long candle and on the right side it denoted as Bullish candle.
A long candlestick is any candlestick that has a large body — its height. A long body indicates a huge price move from open to close. Usually, the market will only experience one big move when you have something like the Long Candle formation on a daily chart.
Sometimes, when the market experiences a significant price move, traders look for signs of this movement in the form of candle patterns. The length of the candlestick's body (the wick) is interpreted to represent the strength of that move. A long candle indicates a huge price move from open to close.
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