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Glossary

Candlestick(Candlestick)

A chart unit showing the open, close, high and low prices over a given period. The proportions of body and wick sum up the battle between buyers and sellers.

Also written as: mum çubuğu · mum

A long lower wick shows buyers pushing back from the low (pin bar), a full body shows one-sided control, and a small body shows indecision (doji). Single-candle patterns should not be read without context; a candle that forms at a key level is the meaningful one.

The candle's timeframe changes everything: a 5-minute pin bar is not even visible on the daily chart.

Related terms

Where it appears in the guides

Guides whose text uses this term; most frequent first.