High Wave Candle candlestick pattern

1-candle patternIndecision — wait for the next candle

High Wave Candle candlestick pattern

A small body with extremely long wicks. The market is confused and swinging wildly.

After a price declineClose above openClose below open

Illustrative candles, not a live chart. Each candle covers one chart interval.

Spot it in 3 steps

What to check next

Look for a breakout of its high or low on the next candles.

Common mistake

Not a reversal on its own. Several high waves in a row mean a messy, risky market.

Definition reference: CMC Markets · Candlestick patterns

Educational example, not a trade recommendation. Patterns can fail. Check the wider trend, support and resistance; practise on demo rather than assuming the next trade will win.

High Wave Candle candlestick pattern