Abiel 474 Posted May 2, 2018 Today in the chatroom Andrew shared this piece of advice regarding price action: he explained how this large wicks on candlestick were a sign of buying pressure: As you can see, after these candlesticks AAPL reverted... Good to keep this in mind while we´re trading... 1 Abiel Guerra BBT Team [email protected] @abielguerra Find your answers in our Knowledge Base Share this post Link to post Share on other sites
Robert H 453 Posted May 2, 2018 Great post, Abiel! Also note that it failed to make a new low two times which was a sign that bears were getting exhausted. 1 Share this post Link to post Share on other sites
Abiel 474 Posted May 2, 2018 You´re right Robert, thx! We need to ingrain these distinctions as a second nature in order to be successful as day traders... Abiel Guerra BBT Team [email protected] @abielguerra Find your answers in our Knowledge Base Share this post Link to post Share on other sites
Anders 5 Posted May 7, 2018 Saw the inverse of this today with the example below -- long wicks above the candle, indicating selling pressure. Sure enough, price dropped shortly after. Glad I got out! 2 Share this post Link to post Share on other sites
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