Monday, January 13, 2020 10:27:31 PM
This candle is an indication of a market ready to rally! Showing a bullish impulse.
It forms when the price drops after opening to form a long shadow, then price rallies to close at the highs of the candle.The real body of the candle forms the head, and the long shadow forms the guy’s ‘hanging legs’!
This what I think of when at look at today’s candle...but by no means am I an expert
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