Long shadow line K is a form of Japanese candle map, also called fairy shadow line. It is composed of K-line diagram, in which the length of the upper shadow line far exceeds the length of the solid part, with unique shape and special technical significance. This K-line pattern often appears in the stock, foreign exchange and futures markets, providing investors with important trading signals.

Characteristics of Long Shadow Line K Line The characteristics of Long Shadow Line K line are as follows:

The upper shadow line obviously extends: the length of the long upper shadow line far exceeds the length of the solid part, usually more than twice that of the solid part. Shadowless line or short shadow line: long shadow line K line often has no shadow line, or the shadow line length is very short. Location of the entity part: the entity part can be anywhere on the K-line, but generally appears below or in the middle of the K-line. The morphological characteristics of long shadow line K make it have certain technical value and trading significance.

The technical meaning of the long shadow line K line The appearance of the long shadow line K line often indicates the inflection point or reversal signal of the market. Here are some common technical meanings:

Reverse signal in the upward trend: In the upward trend, if there is a long shadow K line, it often means that the strength of bulls is weakened, which may lead to a market callback or a U-turn down. Bottom reversal signal in the downtrend: in the downtrend, if there is a long downward shadow K line, it means that the short-selling power is suppressed and the market may have the opportunity to reverse upwards. Breakthrough signal in sideways consolidation: When the market is sideways consolidated, if there is a long shadow K line, it usually means that the market is about to break through, and investors can take this opportunity to seize the breakthrough. The technical meaning of the long shadow line K line is not immutable, and it needs to be comprehensively judged by combining other technical indicators and analysis methods.