If you are in a truly bullish trend as we see on the chart and you see a candle with a long wick and a small body accompanied by a large volume especially, it means that the sellers are trying to repel the buyers. Therefore, we will have a high probability of a trend reversal. thank you for your attention.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.