$WLD daily candles have closed lower for 7 straight days, for a cumulative decline of 25.2% over that period. So far today, they’re up 0.41%.
Let’s use this figure to talk about consecutive up and down candles.
Binance daily candles open at 00:00 UTC and close at 00:00 the next day, which is 8 a.m. Beijing time. So today’s daily candle starts at 8 a.m. local time.
A run of daily candles in the same direction can also occur in a choppy market: several candles may all be slightly up or down, while the overall move remains small. In such cases, consecutive up or down candles have limited value as a reference.
Rare data often signals more intense volatility. That’s when you should reduce your leverage, not place a big bet.
#WLD
Let’s use this figure to talk about consecutive up and down candles.
Binance daily candles open at 00:00 UTC and close at 00:00 the next day, which is 8 a.m. Beijing time. So today’s daily candle starts at 8 a.m. local time.
A run of daily candles in the same direction can also occur in a choppy market: several candles may all be slightly up or down, while the overall move remains small. In such cases, consecutive up or down candles have limited value as a reference.
Rare data often signals more intense volatility. That’s when you should reduce your leverage, not place a big bet.
#WLD
