Candlestick

A candlestick is the most common way to draw price on a forex chart. Each candle represents one time period — one minute, one hour, one day, etc. It has a rectangular "body" and two thin "wicks" (also called shadows). The body shows the open and close. The wicks show the high and low. If the close is higher than the open, the candle is usually green (bullish). If the close is lower, it's red (bearish). The BODY tells you who won the period — buyers or sellers. The WICKS tell you how far each side pushed before losing control. Candles compound into patterns: hammers, dojis, engulfing bars, shooting stars, morning stars. Each pattern is a story about what buyers and sellers did in that timeframe. Reading candles is reading order flow — it's how pros think about the market.