Long Lower Shadow

Long Lower Shadow

A black or a white candlestick is formed with a lower tail that has a length of 2/3 or more of the total range of the candlestick. Normally, it is considered as a bullish signal when it appears around price support levels.

 

Long Lower Shadow

Long Upper Shadow

A black or a white candlestick with a upper shadow that has a length of 2/3 or more of the total range of the candlestick. Normally, It is considered as a bearish signal, when it appears around price resistance levels.  

Long Upper Shadow

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