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How to Read Forex Charts
2:37 · 8 chapters · Forex lessons, part 49
What you'll learn
Line, bar or candlestick? Learn to read a forex chart: trend, levels and timeframes in under 3 minutes.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- The difference between line, bar and candlestick charts
- Key point 2
- How higher highs and lower lows show the trend
- Key point 3
- What support and resistance are, and why levels switch roles
- Key point 4
- How to use a higher and a lower timeframe together
- Key point 5
- Three chart reading mistakes to avoid
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
More forex lessons
The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.