The chart at left is a typical โnakedโ price chart โ it contains no information other than the movements
of price. As indicated in the top left corner, this is a daily chart of the USDCHF currency pair. Charts can
be made on any time scale; on a daily chart, each candlestick โ the black and white bars placed on
the grid โ corresponds to priceโs behavior in the span of one day. Likewise, on a 5-minute chart,
each candlestick represents 5 minutes of price change.