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candlestick formations

Candlestick patterns

Candlestick patterns are a popular tool used by traders to analyze market trends and forecast future price movements. They are based on the concept that price action is not random and can be predicted using patterns formed by candlesticks on a chart. Candlestick charts consist of a series of candlesticks, each representing a certain period of time, such as a day or an hour. The candlesticks are made up of… Read More »Candlestick patterns