Candlestick Chart
Plain English
A chart showing price movements where each "candle" represents a time period. Green/white candles = price went up, red/black = price went down. The thick part shows opening and closing prices, thin lines show highest and lowest prices. Traders use patterns to predict movements.
Technical
Price visualization displaying open, high, low, close (OHLC) for each time period. Candle body: open-to-close range (green if close > open). Wicks: high/low extremes. Patterns indicate market psychology: doji (indecision), hammer (reversal), engulfing (momentum shift). Time frames: 1m, 15m, 1h, 4h, 1D. Essential for technical analysis and identifying support/resistance levels.