The high wave sail pattern consists of a small white or black real body with both very long upper and lower shadow can appear both in high and low parts of the trend.
This pattern means that there is a tie between the bullish and bullish, the Japanese say that this is the reason why the market has lost the sense of direction.
The high-wave candle just like the doji indicates that there is an indecision in the market.
It is formed this time during the day the prices are quoted in a very wide range, both downwards and upwards. which means that the final result is not different from the opening result despite the fact that it was during the session, this candle transmits a possible change in the market trend.
you do not have to enter the market just because this is casting this candle, it requires a final update with another candle the next day in a bearish form when the trend is bullish, and bullish when the trend is bearish to ensure there is a new stage in the market and the turn in the previous trend and as well as the validity of this candle.
I hope you liked my content and I await your recommendations for the next blog.
Greetings and success ..!