Candlesticks are one of the most common ways traders visualize price movement. Each candle represents price activity during a specific timeframe.
A candle provides information about the opening price, closing price, highest price, and lowest price during that period.
What You Will Learn:
- Candle structure
- Open
- Close
- High
- Low
- Candle body
- Wicks
Chart/Image:
Basic Candlestick Anatomy Chart
Key Takeaways:
A candlestick gives traders a visual representation of price movement within a specific period.