Candlestick Charting 

Candlestick Patterns Bearish Signals / Long Upper (Bearish) Shadows

Advertisements

Candlestick Patterns Bearish Signals/ Long Upper (Bearish) Darkness

Requirements:
2 or even more sessions with extended top shadows.
The highs of all these upper darkness go to, or near, the exact same degree.

Market Implication: Fad turning less favorable.

Resistance: One long upper darkness is not used for resistance, however a team of these bearish shadows near the same highs would be.

Psychology: The extensive top darkness near the same highs shows market declining those greater levels.

The greater the variety of lengthy top shadow candle lights near the exact same highs, the extra signigicant that resistance.
Opposite of Long Lower (Favorable) Darkness.

I show You how I made $1,006 from $100, then $257,000 from $1,006 with Bitcoin and cryptocurrencies!

Related posts

Leave a Comment