Candlestick Anatomy

Candlestick charts are among traders' most popular tools. Each candlestick shows price movement over a specific time period — it could be 1 minute, 1 hour, 1 day, or more.

Parts of a Candle

Each candlestick consists of three main parts:

• Body (body) — the rectangle between the open and close prices.
• Upper wick (upper wick) — the vertical line showing the highest price.
• Lower wick (lower wick) — the lower vertical line showing the lowest price.