Technical Analysis

Candles

Learn how to read Japanese candlestick charts and recognize patterns.

What is a Candlestick Chart?

A candlestick chart visually represents the open, high, low, and close prices over a specific period.

Developed in Japan, it is the most popular chart form used worldwide.

Basic Structure of Candles

Candlestick charts visually represent the open, high, low, and close prices over a specific period. Developed in Japan, it is the most popular chart form used worldwide.

HighCloseOpenLowBullish Candle
HighOpenCloseLowBearish Candle

📦 Body

Area between open and close prices

⬆️ Upper Wick

Between high and top of body

⬇️ Lower Wick

Between low and bottom of body