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Basics of Candlestick Patters – Emotions behind price

Candle stick individually and in pattern is quite useful in understanding the sentiments behind demand and supply. Price combined with volume and most often in patterns is interpreted in a very short span of time by using candlesticks. the body, size, tail, color, previous behavior are a good analysis for future predictions. Candlesticks are easy to understand and speak loud about the anticipated movements of asset/index.

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