Significance of Master Candle
Master candle signifies a point in time where the price falls into a tight range and both bulls and bears are struggling to move out of this range.
The 4 child candles following the master candles represent the state of dilemma between bulls and bears. You may also choose to look at only 3 child candles and ignore the 4th one.
As the market is largely driven by crowd psychology, master candle truly symbolizes this crowd behavior and their struggle to move prices up and down.
The accuracy of master candle breakout generally ranges between 30-50%
Not Financial Advice.
Master candle signifies a point in time where the price falls into a tight range and both bulls and bears are struggling to move out of this range.
The 4 child candles following the master candles represent the state of dilemma between bulls and bears. You may also choose to look at only 3 child candles and ignore the 4th one.
As the market is largely driven by crowd psychology, master candle truly symbolizes this crowd behavior and their struggle to move prices up and down.
The accuracy of master candle breakout generally ranges between 30-50%
Not Financial Advice.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。