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Reading Charts Without Superstition·Lesson 13 of 25·13 min

Candlesticks, Timeframes, and What They Show

This lesson is for enrolled learners

The concept A candlestick summarizes four prices for a fixed time window (the "timeframe"): open, high, low, and close. The body (thick part) spans open to close — colored one way if close is above open (bullish for that period) and another if close is below open (bearish). The thin lines above and below the body, called wicks or shadows,……

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