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  • Candlestick 5:37 am on December 28, 2016 Permalink | Reply
    Tags: candlestick best performance, Support and resistance candlestick trading   

    Support and resistance candlestick trading 

    Support and resistance candlestick trading

    In candlestick trading, a trader should be very careful to detect support and resistance levels. The most commonly used support and resistance levels used are the daily support and resistance levels.

    For a trader to be able to detect the support and resistance levels more easily, he or she should download a support and resistance indicator.

    A support level is a market price at which the trend of a downward candlestick pattern reverses. If a downward trend reaches the resistance level, it is more probable that it will reverse or change to an upward trend. This is especially so if there is the formation of a hammer candlestick.

    A resistance level on the other hand, is a market price at which an upward market price trend reverses once it approaches. If an upward trend reaches the resistance level, it is more probable that it will reverse or change to a downward trend. This is especially so if there is the formation of a hammer candlestick.

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    • Candlestick 8:00 pm on October 3, 2016 Permalink | Reply
      Tags: oriental trading co, Support and resistance candlestick trading   

      Support and resistance candlestick trading 

      Support and resistance candlestick trading

      In candlestick trading, a trader should be very careful to detect support and resistance levels.

      The most commonly used support and resistance levels used are the daily support and resistance levels.

      For a trader to be able to detect the support and resistance levels more easily,

      he or she should download a support and resistance indicator.

      A support level is a market price at which the trend of a downward candlestick pattern reverses.

      If a downward trend reaches the resistance level, it is more probable that it will reverse or change to an upward trend.

      This is especially so if there is the formation of a hammer candlestick.

      A resistance level on the other hand, is a market price at which an upward market price trend reverses once it approaches.

      If an upward trend reaches the resistance level, it is more probable that it will reverse or change to a downward trend.

      This is especially so if there is the formation of a hammer candlestick.

      https://youtu.be/J_OtV2QMD4w

      Breaks false high and lows candlestick trading

       
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