LECTURE ON CANDLESTICK ANATOMY

A candlestick depicts the graphical representation of price movements for a given period of time.

They are built on the basis of four elements of data;

1⃣ Opening price at a given time ✅

2⃣ The Highest point price attained during the period of time the candle was formed ✅

3⃣ The Lowest point price attained during the period of time the candle was formed ✅

4⃣ Closing price after the given time ✅

These are referred as the OHLC values. (Open,High,Low,Close)