BUSINESS / MARKETS / POLITICS8 November 2026
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CHART PRACTICE

Read what the chart shows

Work through 8 invented examples. Check your answer, read the explanation and compare it with the exact values.

Reviewed 27 Oct 2026Examples do not predict trades or assess readiness to trade.

Answers stay on this page and reset on reload. Reading marks in your learning paths are separate.

EXERCISE 1 OF 8

Find the close

One invented candle. The body runs from £100 to £104; the wicks reach £98 and £106.

Find the closeOne invented candle. The body runs from £100 to £104; the wicks reach £98 and £106.GBP prices (£)96.80100.27103.73107.20Bar 1: open 100.00, high 106.00, low 98.00, close 104.00Bar 1High £106.00Body top £104.00Body bottom £100.00Low £98.00
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
Bar 1100.00106.0098.00104.00
This candle closes above its open. Which value is the close?
Show explanation

Matching answer: £104, the top of the body

On this up candle, the body joins the £100 open and £104 close. The high is £106 and the low is £98. The colour compares open and close; it does not describe the next interval.

EXERCISE 2 OF 8

Separate body from range

Open £102, close £99, high £105 and low £97. The longer wicks are part of the full range.

Separate body from rangeOpen £102, close £99, high £105 and low £97. The longer wicks are part of the full range.GBP prices (£)95.8099.27102.73106.20Bar 1: open 102.00, high 105.00, low 97.00, close 99.00Bar 1
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
Bar 1102.00105.0097.0099.00
What is the size of the real body in this down candle?
Show explanation

Matching answer: £3: the distance between open and close

The body is |£102 − £99| = £3. The full high-to-low range is £105 − £97 = £8. Wicks show price extremes outside the body.

EXERCISE 3 OF 8

Read a small body

The open is £102 and the close is £102.10, while the high and low are farther apart.

Read a small bodyThe open is £102 and the close is £102.10, while the high and low are farther apart.GBP prices (£)98.25100.42102.58104.75Bar 1: open 102.00, high 104.00, low 99.00, close 102.10Bar 1
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
Bar 1102.00104.0099.00102.10
Which statement is supported by this doji-like candle alone?
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Matching answer: Open and close were close together, despite a wider trading range

The small body describes the small open-to-close change. The £99–£104 range shows that prices moved farther during the interval. This shape alone neither confirms a reversal nor tells you the order in which the high and low occurred.

EXERCISE 4 OF 8

Keep the preceding context

The final candle has a small body near its high and a long lower wick. No later candles are shown.

Keep the preceding contextThe final candle has a small body near its high and a long lower wick. No later candles are shown.GBP prices (£)92.6099.53106.47113.401: open 110.00, high 111.00, low 106.00, close 107.0012: open 107.00, high 108.00, low 103.00, close 104.0023: open 104.00, high 105.00, low 100.00, close 101.0034: open 101.00, high 102.50, low 95.00, close 102.004
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
1110.00111.00106.00107.00
2107.00108.00103.00104.00
3104.00105.00100.00101.00
4101.00102.5095.00102.00
A hammer-like candle follows this illustrated decline. What can you conclude?
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Matching answer: The final bar recovered from a lower extreme; later direction is still unknown

The final bar traded down to £95 and closed at £102, near the upper part of its range. Its position after a decline is relevant context, but there is no later evidence here to confirm a change of trend.

EXERCISE 5 OF 8

Compare two real bodies

First body: open £103, close £100. Second body: open £99, close £104.

Compare two real bodiesFirst body: open £103, close £100. Second body: open £99, close £104.GBP prices (£)97.53100.34103.16105.971: open 103.00, high 104.00, low 99.00, close 100.0012: open 99.00, high 105.00, low 98.50, close 104.002
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
1103.00104.0099.00100.00
299.00105.0098.50104.00
Which feature makes the second body an engulfing body in this illustration?
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Matching answer: Its £99–£104 body contains the previous £100–£103 body

This comparison is about the real bodies. The second body covers the first body’s open-to-close interval. A descriptive pattern name does not establish an entry, an expected return or what the next candle will do.

EXERCISE 6 OF 8

Treat support as an area

Several illustrated lows occur around £100–£101. The shaded band marks that historical area, not a promised floor.

Treat support as an areaSeveral illustrated lows occur around £100–£101. The shaded band marks that historical area, not a promised floor.GBP prices (£)98.65102.55106.45110.35Previous lows area1: open 105.00, high 107.00, low 101.00, close 106.0012: open 106.00, high 109.00, low 104.00, close 108.0023: open 108.00, high 108.50, low 100.50, close 103.0034: open 103.00, high 107.00, low 102.00, close 106.0045: open 106.00, high 106.50, low 100.30, close 102.005
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
1105.00107.00101.00106.00
2106.00109.00104.00108.00
3108.00108.50100.50103.00
4103.00107.00102.00106.00
5106.00106.50100.30102.00
What does the shaded band justify saying about the observed prices?
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Matching answer: Prices previously found lows near this area; the area can still fail

The band groups nearby past lows. It is an approximate reference area, not an order book or a guarantee. A later break, a different timeframe or a change in the underlying conditions could change its usefulness.

EXERCISE 7 OF 8

Distinguish planned risk from a fill

Assumptions: 50 shares, entry £25, planned trigger £24 and an illustrative fill at the final bar’s £22.50 open.

Distinguish planned risk from a fillAssumptions: 50 shares, entry £25, planned trigger £24 and an illustrative fill at the final bar’s £22.50 open.GBP prices (£)21.4822.9924.5126.02Planned trigger £241: open 25.00, high 25.50, low 24.90, close 25.3012: open 25.20, high 25.30, low 24.50, close 24.8023: open 22.50, high 23.00, low 22.00, close 22.803
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
125.0025.5024.9025.30
225.2025.3024.5024.80
322.5023.0022.0022.80
A fictional long position has 50 shares bought at £25. The assumed exit was £24, but an actual gap fill is £22.50. What is the price loss before costs?
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Matching answer: £125: (£25 − £22.50) × 50 shares

The price loss is £2.50 per share × 50 = £125 before costs. The original £50 was a planned scenario based on a £24 exit. A conventional stop becomes a market order after triggering, so a gap can produce a worse fill.

EXERCISE 8 OF 8

Combine intervals correctly

The labels are interval start times. The invented bars cover 09:30–09:50, and the last close is £104.

Combine intervals correctlyThe labels are interval start times. The invented bars cover 09:30–09:50, and the last close is £104.GBP prices (£)98.10100.70103.30105.9009:30: open 100.00, high 102.00, low 99.00, close 101.0009:3009:35: open 101.00, high 103.00, low 100.00, close 102.5009:3509:40: open 102.50, high 104.00, low 101.00, close 103.0009:4009:45: open 103.00, high 105.00, low 102.00, close 104.0009:45
Invented prices and intervals. Green: close at or above open. Red: close below open.
See exact OHLC values
Invented GBP prices
IntervalOpenHighLowClose
09:30100.00102.0099.00101.00
09:35101.00103.00100.00102.50
09:40102.50104.00101.00103.00
09:45103.00105.00102.00104.00
If these four consecutive five-minute bars are combined into one 20-minute candle, what is its close?
Show explanation

Matching answer: £104, the final close in the combined interval

The combined candle opens at the first open (£100), reaches the highest high (£105) and lowest low (£99), and closes at the last close (£104). It is not an average-price candle. Aggregating bars also removes some detail about the path between those values.