candlestick charting

Candlestick charting is a method used by traders to visualize price movements of an asset over a specific period. Each "candlestick" shows four key data points: the opening price, closing price, highest, and lowest prices during that period. The body of the candlestick indicates the price range between opening and closing; its color (traditionally green or white for gains, red or black for losses) reveals whether the price increased or decreased. Wicks or shadows extend from the body to show the high and low prices. This visualization helps identify market trends, reversals, and potential trading signals efficiently.