To read a candlestick chart:
1. Look at the body. It shows where the price opened and closed. If the close is higher than the open, it’s an upward move. If the close is lower, it’s a downward move.
2. Check the wicks. These mark the highest and lowest prices reached in that period.
3. Compare several candles. Together they can show whether the market is trending up, trending down, or moving sideways.