Types of Forex Charts Before you can read forex charts like a pro, it's essential to know the three most common types: 1. Line Chart A line chart connects the closing prices of a currency pair over time. Its simple and easy to follow but lacks detail compared to other chart types. 2. Bar Chart A bar chart gives you more information, such as the open, high, low, and close (OHLC) prices for each time period. This makes it easier to analyze market volatility. 3. Candlestick Chart Candlestick charts are the most popular among forex traders. Each candlestick represents the price action during a specific time frame.