Each candlestick shows price movement during a specific time period (in this case, 4 hours).
It contains four key prices:
Open | The price when the 4H period started |
Close | The price when the 4H period ended |
High | The highest price reached within that 4H |
Low | The lowest price reached within that 4H |
đź§© How Small Candles Form the Big Candle
Inside one 4H candle, there are many smaller candles
(like 15-minute, 30-minute or 1-hour).
In this image: