WEDNESDAY'S SPIKERS

What’s great about spikers is that if you don’t get to catch them on the way up, there’s a good chance for you to catch them on the way down, by shorting, of course. Not all spikers will fall as fast as they went up and many will spike even higher and stay there, not giving you the opportunity to short them. What you need to look out for are shooting stars, doji, bearish engulfing, and dark cloud cover candles. When the time is right, you’ll be ready. Save these for your short-term trade watchlist.

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