Forex trading platforms give traders the possibility to choose from 3 different types of charts: line charts, bar charts and candlestick charts. Professional traders usually use candlestick charts, since this type of chart provides the most information.
An example of a candlestick chart: EUR/USD H1.
H1 timeframe which means that 1 candle represents 1 hour.

One candle shows the open price, close price and the highest and lowest price of a currency pair during a certain time frame. The name of this type of charts comes from the visual similarity with candles.
