Glossary / Candlesticks

Candlestick (anatomy)

An educational concept. Not a signal, not a strategy, and not a trade Josh has taken.

A row of sculptural candlesticks: solid teal up candles and translucent red down candles, with wicks and no prices.
Illustration of the idea, not a market chart and not a result.

A candle summarises one period with four prices: open, high, low and close (OHLC). The body spans open to close; the wicks (shadows) reach the high and low.

How traders use it: The candle's timeframe matters: a daily candle summarises a day, and a pattern on one timeframe can look different on another.

Common mistake: Forgetting that one candle hides the path inside it. A long wick could have formed at any point in the period.

Related: Candle body · Wick (shadow) · Close significance

See this term in the full glossary · All terms

Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.