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Forex Charts (3 types (bar chart (guide (Open: The little horizontal line…

- - - - Open: The little horizontal line on the left is the opening price
      - High: The top of the vertical line defines the highest price of the time period
      - Low: The bottom of the vertical line defines the lowest price of the time period
      - Close: The little horizontal line on the right is the closing price
  - - - Candlesticks are easy to interpret, and are a good place for beginners to start figuring out forex chart analysis.
        
        Candlesticks are easy to use! Your eyes adapt almost immediately to the information in the bar notation. Plus, research shows that visuals help with studying, so it might help with trading as well!
        
        Candlesticks and candlestick patterns have cool names such as the “shooting star,” which helps you to remember what the pattern means.
        
        Candlesticks are good at identifying market turning points – reversals from an uptrend to a downtrend or a downtrend to an uptrend. You will learn more about this later.