What this market video covers
The same candle can change color without any price changing. Check which comparison controls the paint. TradingView offers a color bars based on previous close setting. This historical Johnson and Johnson IEX example keeps our usual open to close coloring on screen. The five minute candle opens at two fifty two point nine zero and closes at two fifty two point nine two. The close is two cents above the open, so our body is green. But the previous candle closed at two fifty two point nine nine five. The new close is seven and a half cents below that previous close. With green for higher and red for lower, previous close coloring would instead make it red. Those settings compare different prices; neither changes the recorded body boundaries. If an engulfing or harami definition uses real bodies, test the actual opens and closes. Screen color alone can misidentify the formation. Historical observed market-data replay. Educational content, not personalized investment advice. Sources: https://www.tradingview.com/support/solutions/43000473886-the-color-of-bars-or-candlesticks-is-incorrect/ https://www.tradingview.com/support/solutions/43000672403-understanding-bar-charts/ https://docs.alpaca.markets/us/reference/stockbars #JNJ #CandlestickPatterns #ChartSettings #TradingEducation #Shorts
Use this analysis as general education. Confirm current prices and conditions independently, define invalidation before entry, and size every position for the loss you can actually tolerate.