Reading the same prices in different chart formats

The lesson explains a chart as a visual arrangement of price observations over time. The horizontal axis represents time and the vertical axis represents price. Each bar or candle summarizes a selected interval, so changing that interval changes what the display emphasizes.

A line chart often focuses on a series of closing values, while bars and candlesticks can display the open, high, low and close. They are alternative representations of data, not different markets. A clearer-looking pattern may result from the format rather than new information.

BabyPips notes that retail forex charts use a particular data feed rather than one centralized record of every transaction. For comparisons, record the feed, time zone and interval. Reading those settings is as important as recognizing a shape; a chart does not establish an executable price or predict the next move.