In trading, wicks on candlestick charts represent the highest and lowest prices during a given time period. Long wicks can often be seen as a sign of market indecision, but they also tend to get filled by subsequent price action.
This phenomenon occurs frequently and can provide valuable insights for traders looking to capitalize on price movements.
In this...
Dear TradingView community and fellow traders,
I am Richard, also known as theSignalyst and here is my third OKX contest submission => OKXIDEAS
I find the weekly chart for XRP to be interesting as it appears to be following the basic principles of price action and market structure.
1️⃣ First, let's examine the support and resistance levels. I've added red and...