Definition: High Wave is a type of candlestick characterized with either a very long upper or a lower shadow. This article describes the high wave candlestick, including performance statistics and rankings, written by internationally known author and trader Thomas Bulkowski. The candlestick in high waves is a figure where the body is very narrow and has long locks of both sides. We explain the definition of High Wave Candlestick, provide a clear example of how it works, and explain why it's an important concept in technical analysis.
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