What's a Candlesticks Chart in CFD?

Types of Charts in CFD

There are 3 types of charts used in CFD: Line charts, bar charts & candles charts.

Candle Sticks Charts - the candles charts use the same price data as bar charts (open, high, low, and close). However, they in a much more easily identifiable way which looks like a candlestick with wicks on both ends.

How to Read Candlestick Charts

The rectangle section is known as body.

The high and low are described as shadows & drawn as poking lines.

What is Candlesticks Chart in CFD?

The color of the cfd candlestick is either blue or red

• (Blue or Green Color candlestick) - CFD Prices moved up
• (Red Color candle) - CFD Prices moved down

Most trading platforms like the MT4 CFD Platform , use colors to mark the direction. Colors used are blue or green: - green candle-stick when price moves upward, red candlestick when price moves downwards.