Hourly Candles

This candlestick chart represents the open, high, low and close prices of the asset in hourly periods over the previous 7 days.

Each candlestick is made up of three sections; the wide part of the candle, known as the “real body”, the upper wick, and the bottom wick

If the hourly opening price for the asset is lower than the closing price then this upward movement will show up as a green candle. 

If the hourly opening price for the asset is higher than the closing price then this downward movement will show up as a red candle.

Upper wicks show the asset’s highest price during the hour long period. 

Bottom wicks show the asset’s lowest price during the hour long period.

Wicks can be long or short, and their lengths provide further insight into the asset’s price movement during the individual hours. For example a short upper wick on a green candle illustrates that the closing price was near the period’s highest recorded price. Should the upper wick on a red candle be short it illustrates that the opening price was near the period’s highest recorded price.

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