Green Candle

A green candle is a single bar on a candlestick chart showing that an asset's closing price for the period was higher than its opening price. The thick part, or body, runs from the open at the bottom to the close at the top, while thin lines called wicks or shadows mark the highest and lowest prices traded. A tall green body with short wicks suggests strong buying throughout the period; a small body with long wicks suggests indecision. Its opposite is the red candle, where the close is below the open. Colours are a convention, and some markets, including parts of East Asia, show rising prices in red. Traders talk about "green candles" to describe rallies, and a string of large ones may be read as bullish momentum, although one candle on its own says little about the next move. Also see trend analysis.