Common Candlesticks and Candlestick Patterns | Chapter 6 | Complete Course

Common Candlesticks and Candlestick Patterns | Chapter 6

A technical technique known as a candlestick chart condenses data from many time frames into a single price bar. They are therefore more beneficial than conventional open, high, low, close (OHLC) bars or straightforward lines that connect closing price dots. Candlesticks create patterns that, when finished, may be used to forecast price movement.
Candlesticks are typically employed daily with the theory that each candle represents a complete day's worth of news, data, and price movement. This implies that swing or longer-term traders might benefit more from candles.

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