The igniting candle is a candlestick that signifies the beginning of a new trend or a strong move in a particular direction.
It’s often a large candle with a wide range between its open and close prices, and it usually appears after a period of consolidation or at the end of a previous trend.
The igniting candle is considered a strong signal because it indicates a sudden surge in buying or selling pressure, suggesting that the asset’s price is likely to continue in the direction of the breakout.
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