What are important values in a candlestick?

Candlestick charting is a popular technical analysis method used to evaluate securities among traders and investors. A "real body" and "shadows" make up the candlestick. The price range between the open and close is represented by the real body, while the high and low prices are represented by the shadows. Depending on the open and close price, a candlestick can have different colours, with a white real body indicating a positive close and a black real body indicating a negative close. The open and close price, the high and low price, and the colour of the real body are all important values in a candlestick. These values can shed light on the security's price action as well as potential future movements.

Trading with candlestick patterns