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You’re watching your charts, when suddenly, a candlestick with a long upper shadow (or wick!) pops up. Is it bullish? Bearish? In this guide, I’ll explain what “long lower shadow” candlesticks are all about. We’ll figure out what they mean, why they form, and how they can give us a sneak peek into what the

Ever glanced at a chart and spotted a curious candle with a long, thin line poking out beneath its body? Well, hats off to you, my friend… You’ve just uncovered a long lower shadow candlestick! Now here’s the kicker: Among the myriad of candlestick patterns out there, long lower shadow candlesticks are arguably the most

Drawing supply and demand zones is like framing a picture – you need to make sure the edges are aligned just right. And in this case, the “proximal” and “distal” lines are our frame. What do they even mean? And where did they come from? Don’t worry, it’s simpler than it sounds. In this post,

There are those nuggets of trading wisdom that seem to echo through the ages, holding true even as markets evolve. One of the most iconic? “Losers average losers.” Sounds familiar, right? This phrase has been circulating in trading circles for decades. But what does it really mean? Who coined it? And, most importantly, how can