Why the shadows of the candlesticks are not less important then its real bodies? There are many occasions when shadows become more important then their real bodies.
What we understand when long shadows appear:
· Shadow indicate uncertainty
· The bigger the shadow the bigger the uncertainty
· In an uptrend upper shadow should be noticed as a caution sign.
· In a downtrend the lower shadow should be noticed as a caution sign.
What we understand when long shadows appear:
· Shadow indicate uncertainty
· The bigger the shadow the bigger the uncertainty
· In an uptrend upper shadow should be noticed as a caution sign.
· In a downtrend the lower shadow should be noticed as a caution sign.
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