Technical instructions for reading candles by the bar
- Candle body (full) represents the strong market force
- Long shadows represent a market rejection
The following is an illustration:
The next few candlesticks showed the same thing, the price failed to break the high of the first pin bar.
And continue to be:
The reluctance and resistance of the sellers became clear, prices have sometimes penetrated past highs but could not close candles above this level.
And the thing to wait was also, the bottom was broken by strong bearish candlesticks and the trend reversed.
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