Identify & Understand Momentum Candlestick
1 min read

Identify & Understand Momentum Candlestick

Momentum candlestick is the candlestick that break or close above or below high low previous momentum candlestick. Some of momentum candlestick can be mother bar and all mother bar is momentum candlestick

Momentum Sell candlestick
Momentum Buy candlestick

Mother bar is candlestick momentum with next candlestick at least 1 bar close inside( inside bar). This indicate market is slow or sideway.

Mother bar with inside bar for Sell
Mother bar with inside bar for Buy

This momentum candlestick is suitable to identify direction and current market movement. Either continuation, reversal or sideway.