A candlestick chart is a tool used in financial analysis to show the highest, lowest, opening, and closing prices of a stock or other security for a specific time period. Each “candlestick” on the chart shows one time period, like a day or an hour, and visually represents how the price moved during that time. Components of a Candlestick Body: The thick part of the candlestick, which represents the range between the opening and closing prices. Wicks(Shadows): The thin lines above and below the body, indicating the highest and lowest prices during the period. Description Long Body: Indicates strong buying or selling pressure. A long green body shows strong buying…