SNDK Candlestick Analysis: Range vs. Body
Summary
Hollow Point Trading shares a short lesson on reading SNDK candles by separating the full high-to-low range from the candle body. The featured candle spans 5.06, about 1.9 times the preceding 2.63 range, but long wicks can make a candle look wide even when its open and close are close together. This distinction helps traders avoid mistaking range for directional strength.
https://youtu.be/hKScqUdN-9w
SNDK: A wide candle can have a small body #Shorts
This candle has a full range of 5.06. The preceding range is 2.63, so the new range is approximately 1.9 times as large. Now compare the candle body with that full range. Long wicks can create a wide high to low distance even when the open and close are close together. Calling every wide candle a strong directional candle mixes two measurements....
