When a session includes long upper and lower shadows , it usually Means momentum in the current trend is ending. Both sides-buyers and sellers- were unable to move price beyond the real body range.
A long upper shadow demonstrates that buyers were not able to move price higher. This reveals weak or weakening buyer-driven momentum.
A long upper shadow demonstrates that buyers were not able to move price higher. This reveals weak or weakening buyer-driven momentum.
A Long lower shadow demonstrates that sellers were not able to move price lower. this reveals weak or weakening seller-driven momentum.
Not Every development forms up as an indicator. To paraphrase Sigmund Freud, sometime a candlestick is just a candlestick.
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