Candle-Close Confirmation
Candle-close confirmation means acting on a level only after a candle of the chosen timeframe has completed beyond it, rather than on a price touch mid-…
Questions people ask
- What is Candle-Close Confirmation in crypto trading?
- Candle-close confirmation means acting on a level only after a candle of the chosen timeframe has completed beyond it, rather than on a price touch mid-candle. A close through resistance confirms a breakout; a close through a stop level confirms invalidation. It filters out wicks, which are where most false signals live.
Crypto Jargon
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