Meaning of the word "candlestick chart" in English

What does "candlestick chart" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

candlestick chart

US /ˈkæn.dəl.stɪk tʃɑːrt/
UK /ˈkæn.dəl.stɪk tʃɑːt/
"candlestick chart" picture

Noun

a style of financial chart used to describe price movements of a security, derivative, or currency, showing the high, low, open, and close prices for a specific period

Example:
Traders often use a candlestick chart to identify patterns in market trends.
Each bar on the candlestick chart represents the price action for one day.