Tall Shadow

A Tall Shadow candlestick has an upper shadow that is long and a lower shadow that is short.

Tall Shadow

A Tall Shadow candlestick has a long upper shadow and a short lower shadow.

 

Tall Shadow Identification

A Tall Shadow candlestick has an upper shadow that is long and a lower shadow that is short.

Candlestick with Tall Shadow


Tall Shadow Interpretation

A Tall Shadow candlestick suggests resistance near the high price.  The Tall Shadow indicates that buyers dominated during the first part of the session bidding prices higher. Then the buying activity stalled and the price retreated.  The opposite pattern is called a Long Tail.  The Long Shadow and Long Tail are both examples of Long Shadow candlesticks.


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