WebDec 17, 2024 · The High wave pattern is a candlestick pattern with large wicks/shadows than the average size of candlestick. The body of the candlestick is tiny as compared to … WebThe High Wave is a Japanese candlestick pattern. It’s an indecision candle, meaning that when it appears, the price is not showing the intention to move in any particular direction. For this reason, when you see them, it’s a good practice to stay away and wait for clear price action showing a move starting in some direction.
High Wave Candlestick Pattern: Definition & Trading …
High wave candlesticks portray situations where the marketis having difficulty coming to a consensus on a security's value. They are indicative of a market in which uncertainty and indecision prevail. Neither the buyers nor the sellers have a clear sense of which direction the market will head. The forces of … See more The high wave candlestick has a very small real body, and it typifies a stock or index plagued by uncertainty. The spinning tophas small upper and lower shadows, … See more As the old cliche goes -- 'when in doubt, stay out.' The high wave candle expresses doubt and confusion on the part of the market. Until the situation becomes clear, … See more WebMar 20, 2024 · High wave candlesticks are indecision candlesticks that look like long legged doji’s. They have long lower shadows and long upper wicks. They also typically have a … curious george christmas wcostream
Candlestick Trading Patterns II – Everything you need to know …
WebCheck out our charlottes candles selection for the very best in unique or custom, handmade pieces from our shops. WebMar 31, 2024 · Testing the high wave candle shows that it acts as a reversal 51% of the time, which is about random, and that agrees with theory (indecision). The high wave candle … WebNov 8, 2024 · Out of 2,463,210 daily prices or candles, here’s what the result looks like, sorted by success rate. Some candlestick patterns were not formed at all.. As you can see, the success rate is... curious george citv