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Glossary › weekly chart

Trading glossary · structure

weekly chart

A chart where each candle shows one whole week of trading.

The fuller meaning

A chart on which each candle covers one week, built from the week's first open, highest high, lowest low and last close. It shows the big picture with little noise and is often the top of a multi-timeframe analysis.

weekly chart, also called weekly candle.

Related words

above-average volume · bounce · break of structure · breakaway gap · breakdown · breakout · broken level · channel · choppy market · common gap