Positive Bias Candle

A Positive Bias Candle occurs when the closing price of a candlestick is higher than the previous high and also higher than the opening price. This forms a bullish candlestick, indicating a potential continuation or strengthening of an upward trend. 

  1. Close > Previous High: The closing price exceeds the high of the previous candlestick.
  2. Close > Open: The closing price is higher than the opening price, resulting in a bullish (typically blue/green) candle.

A Positive Bias Candle signals strong bullish momentum. The bigger the candle body, the stronger the trend, indicating buyer dominance and suggesting confidence in rising prices. 

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