Hello can you please explain what is the meaning of this candle?
I have uploaded the pic.
I am talking about the ninths the tenth candle before the first blue arrow
Start counting from the first blue arrow to go back.
Just count 9 -10 candles.
As you can see in the image, the ninth and the tenth canlde back from the first blue arrow are somenthing I do not understand.
We have a long shadow upon a candle and then the price of the next session is way far high if compared to the previous candel close.
What is the name of this pattern? What does it mean? Is it a bullish signal?
after this the price goes to stagnation
I have uploaded the pic.
I am talking about the ninths the tenth candle before the first blue arrow
Start counting from the first blue arrow to go back.
Just count 9 -10 candles.
As you can see in the image, the ninth and the tenth canlde back from the first blue arrow are somenthing I do not understand.
We have a long shadow upon a candle and then the price of the next session is way far high if compared to the previous candel close.
What is the name of this pattern? What does it mean? Is it a bullish signal?
after this the price goes to stagnation