It's our 19th anniversary!

Shade

A Shade is part of a Japanese candle which indicates the distance to the body of the candle from its minimum or maximum price. A shade is an important element of technical analysis since it can indicate whether the market has reached a peak (long upwards shade) or, conversely, a trough (long downward shade). Correspondingly, a shade can be bearish or bullish.

Return to List

Do you have any questions?

Call one of our specialists.

Live Chat an online consultant.

To learn more about Forex…

Read Analyses in our Analytics Section

Read Here
Back to top