Master Candle - Definition

[Neca]

The Master Candle is an unusually large candlestick that engulfs 5-7 candlesticks on the left, the main rule is that within the Master Candle there can be 3-5 candlesticks before the breakout. If we have only 2 candlesticks inside the master candle - the setup is not valid, if I have more than 5 candlesticks inside the master candle - the setup is not valid. When a Breakout occurs, we use the size of the Master Candle to determine our Profit Target.