Indecision Candle Meaning
Basic Fundamentals for Reading Candlesticks – Day 3 In this article, we will understand indecision candles and how they help traders identify potential market direction. Indecision candles show that buyers and sellers are equally strong , and no one is currently in control of the market. 📌 What is an Indecision Candle? An indecision candle represents a situation where both buyers and sellers are fighting for control, but neither side wins. This results in a candle with a small body and wicks on both sides . Key Insight: Buying and selling pressure is equally balanced. 📊 Structure of Indecision Candle Open and close prices are very close Upper wick shows rejection of higher prices Lower wick shows rejection of lower prices This clearly shows that price moved in both directions but failed to continue. ⚔️ Market Psychology Here’s what happens inside an indecision candle: Buyers try to push price up 📈 Sellers push it back down 📉 ...