Spike

24.07.2017

A Spike is a Japanese candle with a small body and long shade which signifies a non-market quote. A spike can be seen when there is a significant difference between one and the next quote or a price gap. Spikes can occur as a sign of market conflict between sellers and buyers, just as they can occur due to a technical failure. As such, you should pay particular attention to a spike’s occurrence.

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