What is the definition of a Bar Chart?

DefinitionA bar chart is a popular type of trading chart that contains useful information a day trader can use to make trading decisions. It is used alongside other charts like line charts and candlesticks charts to assess the price performance of assets. It also allows analysts, traders, or investors to analyze current trends, spot potential trend reversals, and track volatility. Bar charts have multiple price bars that change from time to time, and each price bar displays the movement of prices over time. They are relatively easy to read and interpret. The price bars each carry the open, high, low,…
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