MONEY GLOBE XReading Charts · Lesson 1
Line, bar and candle charts
Learning a chart's language
Members
In this lesson
Read a candlestick: open, high, low, close, body and wick — and what long wicks and big bodies tell you.
Key takeaways
- Each candle shows the open, high, low and close of one period.
- Green: closed above the open. Red: closed below the open.
- Big bodies show one side in control; long wicks show prices that were rejected.
- A small body with long wicks (a doji) shows indecision.
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Next lesson: Timeframes
Educational information only - not financial advice.