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candlestick is very important, you can define the trend to see the monthly chart and select the direction and then see the weekly and then the daily and then 4 hours I prefer to work on the chart 4 hours after determining the direction and determine if you will enter into a long or short contract
We see candles in different time frame of course candlestick will also be different. So put it this way,
if a candle sticks in every time frame, you can adjust the cap on each time frame.
So what needs to be learned is to look for a wax pattern first, usually the last pattern appears on a larger time frame such as H1, H4 or dailly.
Once the pattern and trend lines are large, then go down to a smaller time frame like M5 / M15 to find opportunities
in the market in accordance with the direction of the higher time trend trend, so we always follow the trend instead of trading against. trend
Candles are a type of chart that covers high prices, opening prices, closing prices and low prices.
If the opening price is lower than the closing price then the color is white and the pattern or trend is bullish.
If the opening price is higher than the closing price then the price will decrease so that the color is black
and the pattern is bearish. This is the easiest way to explain the wax stick and japanese wax stick just because of its first use in japan.
Candlestick charts are the most popular in use today. We recommend that you simply master this table.
Well, let's start today's lesson is about to know, read, and interpret candlestick charts.
Hopefully after reading this article, you will feel the benefits and advantages
of using candlestick.ini reference chart in trading ........
The behavior of the candlestick document stands out as archaic along with the ancient Japanese strategy
to discover the ongoing costs. We can find lots of candle lights that contain their own personal interests
together with a clear time point, a large and sustained cost along with closing and also extensive to review
your decision so professionals need to be familiar with the prevailing direction. .
when we trade on the meta trader 4 that is the chart for trading and here are the candle sticks that show the market trend and market up and down that many traders set the 30 minutes candlesticks chart and trade .
Candlestick is a chart type that helps forex traders to see the currency price movements. This type of graph
is easier to understand than other chart types and provides most information about currency rates.
This provides the opening, closing, lowest and lowest prices of a currency and the trader can easily understand
when to enter the trade and when to get out of trading using this table.
I just use the Chinese candlestick in my charter I understand; their function and their belt.
and I contielles uses the Chinese bouget it is better to show you the market trage
A candle stick is a chart kind of a bar that represents different time frames of the movements or the fluctuations of a particular pair that we are following at a particular time, they are usually easy to study and follow well for they are well outlined than other forms of bar charts.
Candlestick is a bar chart which shows market price action of past candle stick has a body with tail and candle stick chart is very helpful for trader to check and analysis the market price so candlestick is a good indicator of price experctation