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Forex Glossary Index: A | B | C | D | E | F | G | H | I | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y
Candlestick ChartA charting method first developed by the Japanese that shows price movements with candle-like graphs. On candlestick charts, a rectangle (called the body) represents the difference between the opening and the close prices. A single line, referred as the shadows or wicks, represents the high-low price range. If the open price is lower than the close, the body is white, green or not shaded; if the open price is higher than the close, the body is red, black or shaded.
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