The moment a candle's period ends. In crypto, daily candles usually close at 00:00 UTC, but some charts use a local time zone, which changes the candles.
How traders use it: Agree on a reference so patterns and closes are consistent between charts and reviews.
Common mistake: Comparing patterns from charts that use different daily close times.
Related: Close significance · Candlestick (anatomy)
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.