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.