Key Takeaways
High Wave Candle
Very long upper and lower shadows with a small body. Similar to long-legged doji but with a small body instead of none.
Market Psychology
Extreme volatility with neither side winning. Often seen at potential turning points.
Candle Structure
Trading Setup Example
Entry, stop loss, and take profit levels.
Always wait for pattern confirmation before entering a trade.
Where This Pattern Appears
Trend context and market position.
Signals market indecision - wait for confirmation.
How to Identify
Very long upper and lower shadows
Small body that can be bullish or bearish
Body near the middle of the total range
Shadows at least 3x longer than body
Confirmation Signals
Trading Strategy
📥 Entry
Wait for direction confirmation
🛑 Stop Loss
Wide stops needed due to volatility
🎯 Take Profit
Based on confirmed direction
⚖️ Risk/Reward
1:2
Common Mistakes to Avoid
Pro Tips
Best Timeframes
Pattern Variations
إخلاء مسؤولية تعليمي
هذا المحتوى للأغراض التعليمية فقط ولا يُعد نصيحة مالية أو استثمارية. التداول ينطوي على مخاطر كبيرة وقد تفقد رأس مالك. استشر مستشارًا ماليًا مرخصًا قبل اتخاذ أي قرارات استثمارية.
Frequently Asked Questions
Related Learning Resources
Related Patterns
Doji
Open and close are virtually the same, creating a cross or plus sign. Signals market indecision and potential reversal.
Long-Legged Doji
Doji with very long upper and lower shadows, showing extreme indecision with wide price swings but no resolution.
Spinning Top
Small body with upper and lower shadows that are longer than the body. Shows indecision but less significant than doji.