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Tagged: candle stick
Weekly trader can use the candle stick analysis and the significant volume change plays a role in candlestick analysis, since there are reversal patterns.
Traders use candlesticks to make trading decisions based on regularly occurring patterns that help forecast the short-term direction of the price.
Volume determines the width of the candlestick. Wide candlesticks form when the volume is high, while narrow candlesticks form when the volume is low.
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