Glossary › red candle
Trading glossary · candles
red candle
A candle that finished lower than it started, so sellers pushed price down during that time.
The fuller meaning
A candle whose close is below its own open, also called a down candle. Colour compares the close only with that candle's own open, not with the previous day, so a red candle can still close above the prior close after a gap up.
red candle, also called down candle.
Related words
bearish · bearish engulfing · bearish harami · bearish marubozu · body · bullish · bullish engulfing · bullish harami · bullish marubozu · candlestick