What Is Candlestick?
A chart element showing the open, high, low and close of a period. The body spans open to close, the wicks mark the extremes. Green or hollow candles close higher than they open; red candles close lower. Candlestick patterns are the foundation of most technical analysis.
Related Terms
- Support A price zone where buying pressure has repeatedly stopped declines.
- Resistance A price zone where selling pressure has repeatedly capped rallies.
- Wick The thin line above or below a candlestick body showing prices rejected during the period.
Where You Will Meet This Term
You will run into candlestick constantly on any futures exchange, from the order panel to the position dashboard. If you are still building your foundation, our guides on leverage, liquidation and risk management connect the vocabulary into an actual trading process, and the full glossary covers every other term you will encounter.