Hey guys, as we all know a chart/price doesn't always go up between a rest in between, but how can we understand its correction based on the candlesticks? 📍 right after a bull run we may see a red candle with huge wicks usually we panic after seeing those candles ⚠️ don't worry guys! If a red candle closes at the bottom of half of the previous green candle...
Im just posting this for personal reference. Sometimes I have doubts when I look at wicks and I want to document the cases where things actually play out as I expect them to. I figured I would share with you all so you can correct me if I am wrong or add something you think I may have unintentionally left out. I am learning more each and every day. Soon I will be...
This is the 15 M chart to the 4H wick fill chart, for comparative purposes only
This is VERY a brief visual example of what wick fills are, and how they work. Maybe later on I'll post another chart with a more in depth explanation.
Education > Basic Candlestick Signals Chart > USDJPY > Non-Farm Payroll News Release > Friday, Oct. 6, 2017 - 8:30 A.M. Analysis in chart 1. Large body w/small wicks indicate strength 2. Larger the body w/smaller wicks indicate greater strength 3. Long wick w/body at opposite end of candle indicates shift in trend momentum 4. Wicks at both sides w/smaller body...