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Tagged: candle stick
People who involve in weekly/short term trading can use candle stick analysis. High volume indicates trend reversal
Short tern traders find candle stick useful.
Generally volume indicates reversal of current trend.
Candle stick analysis are used by weekly traders. They hold the stocks for 2 or 3 days. The role of volume in candle stick analysis is trend reversal pattern is formed.
C/S analysis is useful for weekly traders. Volumes impact the trend.
Candlestick analysis is generally used by the short term traders (within a week time). High volume indicates the trend reversal.
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