Its intriguing that two candles with the exact same body and wick measurements, even with all the indicator values matching, can actually encompass price-momentum towards opposite directions.
I have outlined two possible scenarios per each candle type. Note that regardless of the candle type - bull or bear, the last C wave and the main B wave of price within the candle may well be in the opposite direction.
What do you think? I personally think its important information hidden within a candle.
Source: Anatomy of a Japanese Candlestick
I have outlined two possible scenarios per each candle type. Note that regardless of the candle type - bull or bear, the last C wave and the main B wave of price within the candle may well be in the opposite direction.
What do you think? I personally think its important information hidden within a candle.
Source: Anatomy of a Japanese Candlestick