Post of the Day: Support, Resistance and Candlesticks.

Published June 10th, 2009 - 08:46 GMT
Al Bawaba
Al Bawaba

I am confused as to whether the lines should or should not cross the wicks of the candlesticks. I thought they should link the highs and lows without cutting through the wicks.




Power Course Instructor’s Response:

Keep in mind that the reading of candlestick charts has often been referred to as being “more art than science”.