WickCheck / Trading school / Candlestick
CandlestickBeginner
One bar of price: open, high, low and close for a period of time.
What it means
The body runs from open to close; the wicks show the high and low. A green (bullish) candle closed above its open, a red (bearish) one below.
How to spot it
- Body = open to close, wicks = extremes.
Common mistakes
- Reading a single candle without the context around it.
Related terms
WickThe thin part of a candle above or below the body, showing prices that were reac…TimeframeHow much time one candle covers: 1 minute, 15 minutes, 1 hour, 1 day and so on.…Engulfing candleA candle whose body fully covers the previous candle's body, in the opposite col…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.