SubscribeSpinning Tops and High Wave Candlesticks
July 22nd, 2006 • Related • Filed Under
The last groups of candlesticks shown below are named “spinning tops” and, high wave candlesticks. Candlesticks that show a smaller real body and obtain either color are known as spinning tops. They do not act an indicator, but tend to show up in charts.
High wave candlesticks show very long upper and/or lower shadows. A group of high wave candlesticks may tell of a trend change.
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