How_to_Read_a_Candle_Chart_body_Candlestick.png, How to Read a Candle Chart. Uses in Trading. As you can now see, candlesticks are easy to read with a little bit of practice.

Understanding how to read a candlestick chart can be a real asset during your investment journey. With that in mind, we'll break down the basics for you here.

Candlestick charts depict the open, closing, high, and low prices of a security over a designated time. The shape can shrink or enlarge depending on the relationship between these prices.

Candlestick Pattern Explained . Candlestick charts are a technical tool that packs data for multiple time frames into single price bars. This makes them more useful than traditional open, high ...

Standard Japanese candlestick charts use the open, high, low, and close that price makes within a given time period. Heikin-Ashi uses a modified formula, which includes the averages of two candles.

The South Korean won, headed for the biggest weekly advance in three months, may depreciate as a technical chart shows the dollar is gaining support, according to Standard Chartered Plc.