What is a Chart?

The chart is a tool that displays price movement over a specific period. Through it, trends, peaks, troughs, patterns, and all technical aspects can be seen.

Basic Types of Charts:

1. Candlestick Chart (the most important and widely used):

Each candlestick represents a time period (1 minute, 5 minutes, hour...).

Each candlestick contains:

Opening Price (Open)

Closing Price (Close)

Highest Price (High)

Lowest Price (Low)

2. Line Chart:

Draws a line from closing price to closing price.

Simple but does not provide precise details.

3. Bar Chart:

Shows the opening price, high, low, and closing.

Useful but less clear than candlesticks.