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Candlestick patterns are used to predict the future direction of price movement. However, candlesticks alone can be misleading as a signal.
Bottoming Tails (BT) and Topping Tails (TT) display commitment and often set up fantastic trading opportunities – particularly if after taking out prior lows or highs (i.e., a minor correction or Shakeout).
Candlesticks convey different messages of supply and demand.
Then we simply read those messages and look for high-probability setups using patterns of candlesticks in multiple time frames.
We are going to show you exactly what we mean and it’s a powerful setup.
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