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Technical Analysis: Introduction to Candlesticks

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Technical Analysis: Introduction to Candlesticks

This is the perfect Introduction to Candlesticks for beginners.

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Having perceived that the Open (O), high (H), low (L), and close (C) is the ideal approach to outline the trading activity, we require a diagramming strategy that shows this data in the most understandable way.

If a good charting technique is not used charts can get quite complicated to understand. The standard charts such as a column, area, pie chart do not work in the technical analysis of stocks.

It is primarily because they can only show one data at a time whereas we need four data points to be displayed simultaneously for technical analysis.

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