Quote:
Originally Posted by tymen1
OK, lets get this right. Refer to the 2nd candle ie the "star" candle.
The upper wick can be as long or short as you want - even no wick!
The lower wick of this 2nd candle should, ideally, not go past the halfway point of the 1st candle of the pattern.
Now, this is a perfect situation. In reality great variations occur.
Refer again to this hyperlink to get that "skewed" image corrected once and for all.
Japanese Candlestick Charting Explained
Yes, there is much to learn - but it will pay you big dividends if you can live with it!! 
Good trading to you! |
thanks tymen1 for the useful links that you've posted here...i've been looking for candlestick behaviour for long time...finally i found very useful tips from you...fyi...i'm currently improvising the technique that one of the member in this forum...basically he focusing on candlestick together with Stochastics indi..