Candlestick
A chart bar showing the open, high, low and close for a period. The body spans open to close and the wicks show the extremes.
Related terms
Trend
A sustained directional move: higher highs and higher lows in an…
Daily close
The end of the trading day, at 17:00 New York time for forex.…
Doji
A candle whose open and close are almost equal, showing indecision.
Engulfing pattern
A candle whose body completely covers the previous candle’s body…
Pin bar
A candle with a long wick and a small body, showing that price was…
Price action
Trading from the movement of price itself, such as candles, swings…