Reading a price chart
Learn to read candlestick charts, choose a timeframe, and understand what open, high, low and close tell you.
35 min 5 lessons
Module progress 0 / 3
By the end of this module you can
- Read a candlestick (open, high, low, close)
- Switch between timeframes and know when to use each
- Recognise bullish, bearish and indecision candles
- Set up a clean chart on a free charting platform
Lessons in this module
- 1 Line, bar and candlestick charts
- 2 Anatomy of a candle: OHLC
- 3 Timeframes: from 5 minutes to daily
- 4 Common candle shapes, and why context matters more
- 5 Setting up your first chart
This page is a preview of the module. The full lessons are free in our Telegram community, where they are unlocked step by step with practice tasks and Q&A.
What this module covers
- Chart types. Line, bar and candlestick charts, and why most traders use candlesticks.
- Anatomy of a candle. Open, high, low and close (OHLC), bodies and wicks, bullish and bearish candles.
- Timeframes. From 5-minute to daily charts, how to combine a higher and a lower timeframe, and which ones suit beginners.
- Common candle shapes. Long wicks, small bodies and engulfing candles, plus why context matters more than the shape.
- Setting up your first chart. A clean layout on a free charting platform.
Practice task
Set up a chart with a daily and a 1-hour timeframe. Pick five candles and write down their open, high, low and close.
Mini quiz
Check your understanding. There is no time limit.
Module checklist
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Tick every item to mark this module complete. Saved on this device only.
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