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Candlesticks are used to predict and give descriptions of price movements of a security, derivative, or currency pair. View big_book_of_chart_patterns.pdf from mgt 375 at university of south alabama. Throughout the book, i gear the presentation to the beginning investor or trader, but it comes with tips and techniques that will delight and inform the. Theres a handful of stock chart patterns that traders always look for. Cup and handle (inverted) 7 7. In the case of an uptrend, the bulls have by definition won previous battles.
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Big book of chart patterns. His views were later developed into what is now known as dow theory. dows observations of price trends and his understanding or trend based on the progression of peaks and troughs form the foundation for. Signals and continuation patterns, can be identified by the candlestick trader.
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