A candlestick depicts the graphical representation of price movements for a given period of time.
They are built on the basis of four elements of data;
1⃣ Opening price at a given time ✅
2⃣ The Highest point price attained during the period of time the candle was formed ✅
3⃣ The Lowest point price attained during the period of time the candle was formed ✅
4⃣ Closing price after the given time ✅
These are referred as the OHLC values. (Open,High,Low,Close)
They are built on the basis of four elements of data;
1⃣ Opening price at a given time ✅
2⃣ The Highest point price attained during the period of time the candle was formed ✅
3⃣ The Lowest point price attained during the period of time the candle was formed ✅
4⃣ Closing price after the given time ✅
These are referred as the OHLC values. (Open,High,Low,Close)