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- PDF Name: 35 Powerful Candlestick Patterns
- Book’s Language: English
- Pages: 69
- File Size: 3.76 MB
- Downloads Type: Free PDF Download Books
- PDF File Name: 35-powerful-candlestick-patterns.pdf
- Read PDF Online: Read 35 Powerful Candlestick Patterns Book PDF Online
- Category of the Book: Business & Career
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Summary of 35 Powerful Candlestick Patterns
“35 Powerful Candlestick Patterns” PDF highlights.
- The PDF covers 35 financial market technical analysis candlestick patterns.
- The guide describes, illustrates, and discusses each pattern’s relevance and reliability.
- Reversal, continuation, indecision, and hybrid candlestick patterns exist.
- Bullish engulfing and bearish harami patterns indicate trend reversals.
- Continuation patterns like ascending and descending triangles indicate consolidation within a trend.
- Doji and spinning top formations indicate that the market is unclear of its direction and may be prepared for a trend reversal or continuance.
- Hybrid patterns like the bullish piercing and bearish dark cloud cover patterns include reversal and continuation characteristics.
- The guide explains how to employ candlestick patterns with trend lines and support and resistance levels.
- Finally, the tutorial covers setting stop loss and take profit levels and risk management while trading candlestick patterns.
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