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CANDLESTICK CONFIRMATION in Trading Systems_67f83ac065b44

CANDLESTICK CONFIRMATION

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Candlestick confirmation

Most traders in this world use candlesticks as a display for analysis, rarely use line charts or heiken ashi. The purpose of this technique is to find where actually the correct confirmation for open positions is, that's important, because not all candlesticks can be used as confirmations for open positions, from single candlestick, double or 3 candlestick



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#1 - July 01, 2021, 12:18:13 AM
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« Last Edit: July 19, 2024, 08:25:06 PM by Admin »

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Candlesticks are the most commonly used visual tool by traders because they display comprehensive price information: open, high, low, and close. Compared to line charts or Heiken Ashi charts, candlesticks provide a more detailed view of the dynamics of buyer and seller pressure, making them more relevant for identifying entry confirmation moments.
#2 - January 04, 2026, 11:02:35 PM

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CANDLESTICK CONFIRMATION in Trading Systems_67f8365a73a8c