Reply To: How to read candlestick chart for day trading

#198961
Simon

    Each candle is formed of four key price points:

    • Open – The price at the start of the time period.
    • Close – The price at the end of the time period.
    • High – The highest price reached during that period.
    • Low – The lowest price reached during that period.

    Visually you’re looking at:

    • The body (rectangle) – Represents the range between the open and close prices.
    • Wicks (shadows) – Thin lines above and below the body showing the high and low prices.