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Kav1ka

Shaven TOP Candle On GBP/USD!!!

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Kav1ka Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis britishpound poundusd GBPUSD Forex forextrading currency currencytrading
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trendanalysis chartpattern beyondta britishpound poundusd gbpusd forex forextrading currency currencytrading
Perhaps you've seen it before.. a shaven top candlestick or maybe a shaven bottom candlestick, so what does it mean? Well, it's a GAP basically and 9 out of 10 times it gets filled eventually. A Shaven-Top candle is a candle with the SAME OPEN and HIGH price level. A Shaven-Bottom candle is a candle with the SAME OPEN and LOW price level. For this pair, on the hourly chart, you would see a shaven top candle at 1.38864 level. This means that price could possibly move back up to that level before heading lower - as drawn on the chart. If you didn't know about the shaven candle.. hey! now you know. :) Oh and if you're a coder, I think that would be something you could code for me.


P.S. Feel free to comment below if you like my analysis. :)

Happy Trading!

Cheers!
Trade closed: target reached
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