RiskPicksWhat is a Candlestick?
A candlestick is a way of displaying price data on a chart. Each candle represents one time period (1 minute, 5 minutes, daily, etc.) and shows four prices:
- Open: the first trade of the period
- High: the highest price reached
- Low: the lowest price reached
- Close: the last trade of the period
Reading candlesticks
The thick part (body) shows the range between open and close. A green/white candle closed higher than it opened (bullish). A red/black candle closed lower (bearish). The thin lines above and below (wicks/shadows) show the high and low.