Long Candles

While trading, you may notice some candles on the chart that are longer in shape and don't have long shadows. These are called long candles, and they indicate potential movement in the market.

A long candle means that there was a lot of buying or selling activity during that time period, which could be a sign of a strong trend. So, if you see a long candle, it's a good idea to pay attention to the market and look for potential trading opportunities.

Long Candles

A long candle shows a large difference between the opening and closing prices. It indicates strength or weakness in the market.
- Long candles typically form during trending markets when there is a bulk buy or sell.
- When a long candle appears, it gives confirmation of the trend.
- The market may try to retest the previous high or low.
- Long candles are larger in shape and have short shadows.
- They indicate potential movement in the market.

Caution

Risk of entering late: Because long candles often indicate a strong trend, traders may be tempted to enter a trade after the trend has already been established. This can increase the risk of entering late and missing out on potential profits.

Risk of sudden reversals: While a long candle can indicate a strong trend, it can also indicate that the market is reaching a point of exhaustion. This increases the risk of sudden reversals, which can lead to losses if traders are not careful.

Image above shows the strength of the Candles based on its Body size

Long Candles

Example-1 : Long candle confirming trend change

Example-2 : Long candle retesting support

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