What Is a Bar Chart?

Bar charts show opening, closing, low, and high prices for each time period.

• The horizontal line on the left indicates the opening price.
• The bottom of the vertical line shows the lowest price.
• The top of the vertical line shows the highest price.
• The horizontal line on the right indicates the closing price.

Bar charts are widely used and popular in most trading literature of forex charts.

What Is a Candlestick Chart?

Candlestick charts display the same price information as bar charts but with better visual clarity.

• The big blocks are called real bodies.
• Lines above and below are upper and lower shadows.
• A lighter color real body means the currency closed higher than it opened.
• A darker color real body means it closed lower.

Candlestick charts clearly show who controls the market — bulls or bears — and are especially helpful for beginners.

Which Forex Chart Should Beginners Use?

While no chart is definitively better, beginners should start with candlestick charts due to their clear and detailed visual representation.

At PROP365, we help you turn chart reading into confident execution. Mastering forex chart types is step one to understanding market structure and spotting high-probability trades. Start using candlestick charts today and practice real analysis in live conditions. Take the PROP365 Challenge and prove your skills with our funding.