Each candlestick shows price movement over the period of time you selected. For example, if you have chosen a 15-minute timeframe, each candlestick on the chart will show how prices developed over a 15-minute period; the only exception being the candlestick on the far right of the chart, which will show live prices for the current – incomplete – period.
At a glance, a green candlestick indicates that the pair moved up in price over the given period, closing at a higher price than it opened. A red candlestick, on the other hand, indicates that the pair’s price decreased, closing at a lower price than it opened.
In addition, each candlestick will show four specific prices for the currency pair:
- Open: the price at the start of the period
- Close: the price at the end of the period
- High: the highest price traded during the period
- Low: the lowest price traded during the period