If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
A candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the price opened for a period, ...
Candlestick charts are frequently used in trading because they pack a lot of information in an easy-to-read design. They tell you more information than line charts, and with a single candlestick, you ...
Line charts are the most basic type of forex charts. They simply plot the closing prices of a currency pair over a period of ...
What is a candlestick chart? A candlestick chart is one that indicates the four price dimensions: the open, the close, the high and the low. It’s one of the most popular components of technical ...
In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
Learning how to read forex CFD charts is one of the first steps you’ll need to take as a beginner in trading. In this guide we explain how you can read main FX chart types and more. Got questions?
What is a candlestick chart? A candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the ...