Candlestick Basics

Candlestick basics help traders read price movement in a simple visual way. Each candlestick shows four key prices for a time period: open, high, low, and close. The body shows the difference between the opening and closing price, while the wicks show the highest and lowest points reached. A green or bullish candle usually means price closed higher than it opened, while a red or bearish candle means it closed lower. Candlestick patterns can hint at momentum, reversals, or indecision, but they are not guaranteed signals. Beginners should use them with trend analysis, support and resistance, and proper risk management.