Sexy Bodies
- Candlesticks have different body sizes.
- Long bodies indicate strong buying or selling. The longer the body is, the more intense the buying or selling pressure.
- Short bodies indicate very little buying or selling activity.
- The upper and lower shadows on candlesticks provide important clues about the trading session.
- Upper shadows signify the session high.
- Lower shadows signify the session low.
- Long shadows indicate that trading action occurred well past the open and close.
- Short shadows indicate that most of the trading action confined near the open and close.
If a candlestick has a long upper shadow and short lower shadow, it means bearish reversal signal.- If a candlestick has a short upper shadow and long lower shadow, it means bullish reversal signal.
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