Torqputty, I don't really follow candlesticks, so bear with me as I attempt to interpret that long, spikey candle on your chart. Correct me if I'm wrong, but doesn't a candle with a long lower shadow indicate sellers dominate and will drive prices lower? Thanks. 2X
I don't think they have a candle called "Spikey"..What you are describing is a Hammer or a Hanging Man..The Long tail I think is what you are refering to as Spikey???