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Bulls vs Bears

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A tool with the purpose for better insight of bulls/bears influence.

The center, more bright part are the open-close prices, filled green if bullish, red if bearish.
The transparent red and green part, above and below, are the "wick/shadow" area's.

If for example the bears push the price down, far under the open, but the bulls push it right back, so you'll have a large wick,
this will be visible as a large transparent green area below the brighter open-close center area.

Hope this helps!
Nota Keluaran
Also it might help to find certain support/resistance regions (more towards the open/close prices),
it also can give a more clear imagine when the open and close prices are tight together.

I believe it even can bring more insights and more details regarding divergences.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.