Introduction:
Candle range size refers to the distance between the high and low of a candlestick. It is a fundamental aspect of Candle Range Theory, used to gauge the intensity and volatility of price movements within a specific timeframe.
What Can Be Learned:
- How large ranges signal strong market momentum, often associated with breakout or trending conditions.
- How small ranges indicate market indecision or a pause in the trend.
- The relationship between range size and the market phase (trending vs. consolidating).
Outcome:
You will develop an ability to identify periods of high volatility and low volatility, which helps anticipate potential breakouts or prepare for trend continuation or reversal scenarios.