09/01/2022
Trading is all about understanding the candle.
Long candle denotes domination .
If it is big white candle it tells that market is being dominated by buyers and market will tend to go up .
If it is a big black body ,it means that market is dominated by sellers and market is likely to go down.
Long wicks denotes the rejection.
If the body has long tailed at the bottom it means ,price is rejected by buyers.
And if the body has longer upside tail which means that the price was rejected by the sellers.
