December 9, 2021
Candlestick Analysis
December 9, 2021

What are Bars?

Bars – another type of a chart, quotes on it are displayed in the form of vertical codes. The lower boundary of the code corresponds to the minimum price, and the upper boundary — to the maximum. Horizontal codes to the left of the bar – the opening price, horizontal codes to the right of the bar — the closing price. Sometimes the opening price of a bar cannot be found.

Bar Charts are similar to Candlestick Charts and actually contain the same information as candlesticks charts. Green bars indicate that the price of the asset has been increasing. Red bars mean that it has been falling.

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