Candlestick Body

The candlestick body, referred to as the real body, is the broadest section of a Japanese candlestick. It illustrates the price range between the opening and closing prices during a specific duration, such as minutes, hours, days, weeks, months, or years. A red candlestick signifies that the closing price is lower than the opening price, whereas a green candlestick indicates a higher closing price compared to the opening price. Analyzing candlestick bodies is crucial for understanding price action and assessing market sentiment.