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BEGINNER'S GUIDEUnderstanding technical analysis

Open, High, Low and Close on a Candle

Learn exactly how open, high, low and close prices are represented visually on a single Japanese candlestick.

  • 7 min read
  • For beginners
  • Educational
  • Lezione 2 di 6

This lesson explains precisely how the four core price points — open, high, low, and close — are visually represented on a single Japanese candlestick.

This is general educational content explaining foundational candlestick anatomy.

01SECTION 01

The Four Price Points

Every candlestick, regardless of the timeframe it represents, displays four price points for that period: the open (the price at the start of the period), the high (the highest price reached during the period), the low (the lowest price reached during the period), and the close (the price at the end of the period).

02SECTION 02

Where Open and Close Appear on the Candle

Open and close prices define the top and bottom of the candle's rectangular body. For a bullish candle (covered in more detail later in this unit), the open is at the bottom of the body and the close is at the top. For a bearish candle, this is reversed — the open is at the top and the close is at the bottom.

03SECTION 03

Where High and Low Appear on the Candle

High and low prices are represented by the wicks (also called shadows) — thin lines extending above and below the body. The tip of the upper wick marks the high, and the tip of the lower wick marks the low. If the high or low happens to equal the open or close, that particular wick may be very short or absent entirely.

04SECTION 04

Why All Four Points Matter Together

Viewing all four price points together provides a complete picture of a period's price activity — not just where price started and ended, but also the full range it moved through along the way. This complete picture is what distinguishes candlestick (and bar) charts from the simpler line chart covered in the previous unit.

Summary

A candlestick displays open, high, low and close through its structure: the body's top and bottom edges represent open and close (with position depending on bullish or bearish direction), while the upper and lower wicks represent the high and low. Together, these four points provide a complete visual picture of a period's price activity.

05FAQ

Frequently Asked Questions

Open (start of period), high (highest price), low (lowest price), and close (end of period).

Risk Warning

Trading forex and CFDs involves significant risk and may not be suitable for all investors. You may lose all of your invested capital. Please ensure you fully understand the risks before trading.

GTCFX operates as a multi-regulated group of companies, clients are kindly advised to confirm the specific legal entity, regulation, and jurisdiction under which they are being onboarded.

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