Charting & Price Action
Beginner
Candlestick
Also called: candle
A price chart symbol showing open, high, low, and close for a single period — the dominant chart type in retail trading.
Definition
Each candle has a body (open to close) and wicks (high above body, low below). Green/white = close > open (bullish); red/black = close < open (bearish).
Candlestick patterns (developed by Japanese rice traders in the 1700s) are the backbone of price-action analysis: pin bars, engulfings, dojis, hammers — all candle-shape signals.