VaraLong
VARAUSD - Lets Talk About the Elusive 80/20 Candle
I love the 80/20 candle...
I have a version of the fib retracement tool on my chart. In this case I am measuring the weekly candle VARA is in right now from top to bottom.
As you can see the wick of the candle is almost 80% of the entire candle and the stick is almost 20% of the candle. This bullish signal doesn't have to be perfect but when I am hunting for wicks on the weekly chart, this my friends is the candle I want the most and the longer that wick is the prettier the reversal can be.
I am not a financial advisor. Stay save my friends.
I have a version of the fib retracement tool on my chart. In this case I am measuring the weekly candle VARA is in right now from top to bottom.
As you can see the wick of the candle is almost 80% of the entire candle and the stick is almost 20% of the candle. This bullish signal doesn't have to be perfect but when I am hunting for wicks on the weekly chart, this my friends is the candle I want the most and the longer that wick is the prettier the reversal can be.
I am not a financial advisor. Stay save my friends.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.