All terms
Definition
Candlestick
A candlestick shows the opening price, closing price, highest price, and lowest price during a specific time period.
Quick take
Open, close, high, and low for a time period.
Keep this in mind every time you see candlestick on the chart — context is everything.
Did You Know?
Candlestick charts were invented by Japanese rice traders in the 1700s — and they still work today.
Common Beginner Mistake
Reading individual candles in isolation instead of in context with the trend and surrounding structure.