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Visually Analyze Option Strategies
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High Wave Candle




This reversal pattern indicates indecision in market opinion and possibly could indicate a market reversal. It is considered moderately reliable.


It is formed by one single small body (either color) with either a very long upper or lower shadow, or both are long. The hovering, or loss of direction, could signal a possible reversal in the market, especially when occurring at tops. Confirmation would be needed showing a move in the opposite direction.


Market Opinion





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