How To Read Candlestick Charts FAST (Beginner's Guide)

Summary

Wysetrade's fast-paced guide to reading candlestick charts covers everything a beginner needs: the anatomy of a candle (open, close, high, low, wick), what green and red candles indicate, how to read a chart at different timeframes, and the most important single-candle and two-candle patterns to recognize.

Key Concepts

Things To Remember

• A candlestick shows the open, close, high, and low price for a given time period.
• A green candle means the price closed higher than it opened.
• The wick (shadow) shows the extreme high and low reached during that period.
• Chart patterns are guidelines, not guarantees — always use with other analysis.

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