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Explaining Candlestick Patterns (With Examples)
2 years ago
534
Candlestick patterns give us a trustworthy visual picture of the market's activity. and demonstrate to us who is in charge at any given time. A candlestick pattern provides us with four crucial pieces of price information :
-The high
- the low
-the open
- and the close
When paired with other confluent components like the moving average, Fibonacci retracement, RSI indicator, divergences, and chart patterns, candlestick patterns are like magic.
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