Understanding Candlestick Charts

Master the language of candlestick charts — the most widely used price visualization in financial markets. Learn to read OHLC data and identify basic patterns.

Key Takeaways

• 1.Each candle shows Open, High, Low, and Close prices
• 2.Green/white candles are bullish; red/black candles are bearish
• 3.The wick shows intraday range beyond the open/close
• 4.Doji patterns signal indecision in the market