Popular Kind Of Forex Chart

Using graph or chart is the most important thing in forex technical analysis, because the idea of technical analysis is that price movements can be seen and predicted from the chart. Several types of charts are often used in technical analysis is as follows:

1. Line Chart

2. Bar Chart


3. Candlestik Chart


For bar and candlestick charts:
Open: Opening price (initial)
Close: closing price (last)
High: The highest price
Low: the lowest price
Calculated in a certain time frame, like 5,15, or 30 minutes, or 1 hour or 1 day.