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Learning to trade

How do I read a candlestick chart?

Answered by the ShariaQuant team

Each candle shows four prices for its time period, the open, the high, the low and the close. The body is the distance between open and close, the wicks are how far price went and got rejected, and long wicks are usually the most informative part.

How to read a candlestick chart

This is Shariah screening and education, not financial advice. Rulings on newer products differ between scholars, so where a question is disputed we say so rather than pick a side for you. If your situation is unusual, ask your own scholar.

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