The Essentials 15 4 4 a 3 2 2 1 1 Line x Line y ENBIBIT (.3 Questions 10 and 11 . For line y in Exhibit 1.3, area 3 represents the a. close, b. open. ©, low. a. high. Answers for Candlestick € chapter One, mstruchon 1. e, The rectangular section of the candle line Js called the real body. The real body represents the range between the session's open and close. When the real body 1s black (1.e,, filled), that means the close of the ses- sion was lower than the open. If the real body 1s white (Le., empty), It shows the close was higher than the open. 2. a. The thin lines above and below the real bady are shadows, These shad- ‘ows represent the session's price extremes, The shadow above the real body ts called the upper shadow, and the shadow below the real body 1s the lower shadow. Accordingly, the peak of the upper shadow ts the high ‘of the session, and the bottom of the lower shadow indicates the low of ‘the session. 3. a. When the mal body ts black, it means the close of the session was lower ‘than the open. Accordingly, the top of a black real body represents the session's open. The range between the tap of a black real body and the upper shadow represents the open and high of that session, respectively. 4. b. If the real body is white (Lo., empty), it means tho close was higher than the open. This means that the bottom of a white real body ts the