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Dunn To PerfectionFoundation

Technical Analysis · Module 1: Charts & Candlesticks · Lesson 2

Candlesticks

Intermediate 6 minLesson 2 of 12

Learning objectives

  • Explain candlesticks in plain language
  • Understand why it matters to markets
  • Recognise a common misconception

The concept

Each candle shows the open, high, low, and close for one period. The body spans open to close; wicks show the extremes.

Why it matters

Candles compress four data points into one visual, showing who controlled the period.

Interactive chart — hover or tap each part

ResistanceSupportCloseOpenHighLow
Body — the range between open and close. Gold/filled here means close was above open (a rising period).

Educational illustration · not a live price or trading recommendation

How markets interpret it

Long wicks are often read as rejection of a price area; large bodies as strong conviction.

Key takeaways

  • Body = open to close; wicks = high and low.
  • Context matters more than a single candle.

Knowledge check

The top of the upper wick marks the…

Key terms · hover or tap for a definition

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