Market Intelligence › Basic Terminologies
Price summary of a time period: open, high, low, close.
Published by The Retail Trader · JUL 31, 2026 · Price Action
Candlestick — price summary of a time period: open, high, low, close. A 5-minute candle means the whole story in 5 minutes.
This term comes under Price Action, in the section "ANATOMY OF CANDLE". There are four numbers inside a candle, and that's it:
Other terms in this group — understanding them together is more useful:
• OHLC
• Body
• Wick / Shadow
• Bullish Candle
• Bearish Candle
• Timeframe
• Range
• Tick
To read the entire group and all its examples in one place, see the journal "PRICE ACTION: THE LANGUAGE OF THE CANDLE" - this term is taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.