Goal: Learning to read and interpret basic price data from candlestick charts.

Basic definition

Opening price (Open): The price at the beginning of the trading period.
Closing price (Close): The price at the end of the trading period.
Maximum price (High): The highest price reached during the trading period.
Minimum price (Low): The lowest price reached during the trading period.

Example of an uptrend candle:

Opening price: $100

Closing price: $110

Maximum price: $115

Minimum price: $95

Example of a downtrend candle:

Opening price: $100

Closing price: $110

Maximum price: $115

Minimum price: $95

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