Candlestick Chart Analysis
Top wicks on candlestick charts where large buy trades appear indicate failed buying attempts. Bottom wicks on candlestick charts where large sell trades appear indicate failed selling attempts. When the resulting candle closes below the b…
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Top wicks on candlestick charts where large buy trades appear indicate failed buying attempts. Bottom wicks on candlestick charts where large sell trades appear indicate failed selling attempts. When the resulting candle closes below the buyers' entry level, sellers maintain control of the price auction.