Long and short days.

This definition of Japanese candles can be found quite often in the literature on candlestick analysis; these terms can be classified as basic, which give a general description of the formed candle.

Long days - has a long black or white body, this fact indicates that the price has covered a fairly long distance in a day or other time period.

The main role is played by the distance between the opening price and the closing price, but the maximum (minimum) price value also does not go unnoticed.

Short days – as the name suggests, in this case, the candle has a relatively short body and small shadows, indicating that there was no significant price movement during this period. These candles most often reflect a flat .

time frame are typically compared ; this approach allows one to identify the hours or days of highest or lowest market activity.