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Understanding the PRICE ACTION that creates the candle line or pattern is more important than what one chooses to call the candle.
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Yes, that's a very pertinent comment, well said that man!
It's also a favorite set-up of mine when observing candle charts.
Although we tend to trade currencies almost exclusively, & their candle pattern behavior can be slightly erratic, they're still very consistant at certain junctures on the map. Especially on the 60min+ frames.
Looking forward (time permitting) to following this little corner of the forum. A nice addition to the site!
