Candlestick And Pattern

Candlestick

In technical tahlil, a Candlestick pattern is a movement in prices shown graphically on

a candlestick chart that some believe can predict a particular market movement.

The recognition of the pattern is subjective and programs that are used for charting have to rely on predefined rules to match the pattern.

There are 42 recognised patterns that can be split into simple and complex patterns.

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