Disliked{quote} Thank you very much for responding. Your answer is 100% correct! Thanks again. Let me do the break down below Open $5,000 (1) sell $1,000 ----------- balance $4,000 (2) sell $3,000 ----------- balance $1,000 (3) buy $7,000 ----------- balance $8,000 (4) sell $500 -------------- balance $7,500 so the candle's OHLC will be: $5,000/$8,000/$1,000/$7,500 I hope we understand this? Now the "challenge" is with the quantity traded. If they did a total transaction of $11,500 why then is the closing balance not $5,000 + $11,500? Obviously some of...Ignored
But mere idea can be taken by the candle closing higher... which would an overall buy volume is prevailing.
1