CANDLESTICK
Understanding the Psychology of a Dark Cloud Cover
This sudden reversal surprises those participants who had been expecting the upward trend to continue.
CANDLESTICK
CANDLESTICK
How to Identify a Dark Cloud Cover
For an optimal dark cloud cover, the second session should ideally conclude below the midpoint of the preceding white/green candle.
HIGH-WAVE
High-wave Candlestick Strategy: A Comprehensive Tutorial
The high-wave candle is characterized by its distinct long upper and lower shadows, which are significantly longer than the candle's real body.
HIGH-WAVE
High-Wave Candle: How to Set Your Stop-loss
After a downtrend, the lowest price reached during the high-wave’s session sets up a support level.
CANDLESTICK
The Psychology Behind a High-Wave Candle
A high-wave candle reflects equilibrium, indecision, and volatility: a tug of war between buyers and sellers signaling a reversal or transition.
CANDLESTICK
How to Recognize a High-Wave Candle
High-wave candles are reversal patterns that appear at the end of a strong trend. They have long upper and lower shadows, and their real bodies are frequently small.