What are the main components of a candlestick, and what do they represent?

in growingcapital •  last year 

Body: The body of the candlestick represents the price range between the opening and closing prices during a specific time period (e.g., a day, week, or hour). If the closing price is higher than the opening price, the body is usually colored or filled (commonly green or white), indicating a bullish candlestick

Wick or Shadow: The wick, also known as the shadow, extends from the top and/or bottom of the body and represents the highest and lowest prices reached during the same time period. The upper wick indicates the highest price (high) reached, while the lower wick represents the lowest price (low) attained.

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