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hello everyone Im here with you with another topic today on Candlestick patterns so lets see what topic we have for today we are going to talk about specifically a spiky pink candle what it is and what happens when spiking paint candle appears and we will study bullish reversal setup so lets see what we have so this is what it looks like spiky pin candle so you can see in the picture so this is how we will study in the next slides so contextual readings so principles we will apply principles of contextual reading before we analyze bullish reversal setup so what are these so whatever we are going to study we will study what is behind the signal what is above the signal and what is below the signal so lets see in this picture what does this mean so this is the price moment going up and down so for example if the Candlestick signal appears up here so then we will study what is above it so we we can see there is a resistance level from where the price moves down and then what is behind