📌 First: Green Candle (Bullish)
Green Body: The price closed higher than the opening (buyers are stronger).
Upper Shadow: Indicates that the price went higher than the close, but sellers pressured it down.
Lower Shadow: Indicates that the price dropped below the opening, but buyers pushed it back up.
✅ If the lower shadow is long → buyers defended strongly (positive signal).
❌ If the upper shadow is long → sellers pressured strongly (negative signal).
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📌 Second: Red Candle (Bearish)
Red Body: The price closed lower than the opening (sellers are stronger).
Upper Shadow: Indicates that the price went above the opening, but sellers brought it back down.
Lower Shadow: Indicates that the price dropped more than the close, but buyers lifted it a little.
✅ If the upper shadow is long → sellers are in control (negative signal).
❌ If the lower shadow is long → buyers are trying to defend (positive signal).
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📊 Summary for Distinction:
Green Candle + Long Lower Shadow = Buying Strength (Positive).
Green Candle + Long Upper Shadow = Selling Pressure (Warning).
Red Candle + Long Upper Shadow = Selling Strength (Negative).
Red Candle + Long Lower Shadow = Buying Attempt (May be Support).
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🔑 Idea: The shadows = "Effect of Conflict" between buyers and sellers.
Upper Shadow → Selling Area.
Lower Shadow → Buying Area.