Learn Candlestick Trading Patterns
What is a Candlestick?
A candlestick is a type of price chart used in technical analysis that displays the high, low, open, and close of an asset traded for a specific time period. Candlestick charting is commonly used to track the price action on any given traded asset. A candlestick is formed from price action during a specific limited amount of time. To explain further, every candlestick on a 1-minute chart shows the price action for 1 minute, while every candlestick on a 1-hour chart shows price action during a 1-hour period.