Japanese candlesticks with short shadows indicate A) Strong market sentiment.
What do the Japanese candlesticks with short shadows suggest?
Short shadows on Japanese candlesticks imply that traders are sure and resolute in their actions.
These candles show minimal price variation during the trading session, indicating a strong agreement among buyers or sellers.
The absence of substantial wicks signals a clear trend in market sentiment.
Traders seem committed to their positions, resulting in a more stable and less uncertain market environment.
Hence, short shadows are typically linked to a robust and unwavering market sentiment.