High Waves Candlestick
– They have a short Real Body, with a long Upper Shadow and a long Lower Shadow.
– They can be white or black.
– In the case there is more than one High Wave, one after the other, they show the indecision of the Markets.
– If they occur during an Uptrend, they are a signal of a future consolidation of the prices or the beginning of a Downtrend; whereas if they occur during a Downtrend, they are a signal of a future consolidation of the prices or the beginning of an Uptrend.
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