A classical example of a big shadow.
Two candle stick formation at an extreme low.
Big shadow candle has a greater range than the previous 10 candles.
Place a buy stop above the the high of the shadow, sl a few pips below the shadow & tp some few pips below the next zone.
Two candle stick formation at an extreme low.
Big shadow candle has a greater range than the previous 10 candles.
Place a buy stop above the the high of the shadow, sl a few pips below the shadow & tp some few pips below the next zone.