That is called shooting star. It can generally seen in resistance area as a reversal sign. but not sure what happens next
Uvi_SL
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COULD YOU EXPLAIN WHAT DID YOU MEAN BY BOXED AND YOUR ASSUMPTIONS
dhruvil187prajapati
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@Uvi_SL I forgot to tag. and I have seen it in 4H and 1H both time frame. This means we have more bears. buyers let the price go higher and sellers bring it back down.