: Indicates a "Bearish" period where the price closed lower than it opened. The Wicks (Shadows) : The thin lines extending above and below the body.
Report: Fundamentals of Candlestick Charting Candlestick charting is a centuries-old method of visualizing price movement, originally developed by Japanese rice merchants. Unlike basic line charts that only show closing prices, candlesticks provide a detailed "story" of market activity by displaying four key data points for any given time period: the , High , Low , and Close (OHLC). 🕯️ Anatomy of a Candlestick
Represents the range between the and Closing prices.
: Shows the lowest price reached during the period. 🧠 Market Psychology & Interpretation
: Shows the highest price reached during the period.
: Indicates a "Bullish" period where the price closed higher than it opened.
Each candle consists of two primary components that represent the battle between buyers and sellers: : The rectangular center of the candle.
Candlestick Charts - What Are They, How To Create Them - InetSoft
