the trade in Figure 6.7 has two faults: The market fails to trade higher than the high of the bullish big-shadow candlestick, and closing price of the bullish big-shadow candlestick is too low.
- Chapter 6: The Big Shadow
- from Naked Forex: High-Probability Techniques for Trading without Indicators
- Publisher: John Wiley & Sons
- Released: March 2012
They mean that after the signal is printed, the market fails to trade higher than the high of the suspected bullish Big Shadow.
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