Price Reversal Signals

When sellers maintain control, price continues lower through successive candles until a large seller is absorbed by buyers strong enough to take control. A large sell trade on a bottom wick signals a likely upward price reversal. A large b…

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When sellers maintain control, price continues lower through successive candles until a large seller is absorbed by buyers strong enough to take control. A large sell trade on a bottom wick signals a likely upward price reversal. A large buy trade on a top wick signals a likely downward price reversal.