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Candlestick Chart Pattern Analysis (Candlestick Basics) stockmaniacs.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmaniacs.net Daily Mail and Mail on Sunday newspapers.
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HEADLINES & GLOBAL NEWS Feb 03, 2021 02:09 PM EST The Japanese trading industry has significant contributions to the global finance and trading sectors. Many of the most common methods we use in trading - from chart styles like the Candlestick, the Renko, the Kagi, and the Heiken Ashi to Ichimoku-like trend indicators - come from Japan. The Ichimoku Cloud indicator is known to be one of the most comprehensive trend indicators since it can be seen as a full trading device on its own. With multiple components that help you define the pattern and when you enter and leave a trade, Ichimoku is a full trading toolbox inside a single predictor. The metric overcomes the challenge of having to use various metrics to construct a trading system since it lets you understand market trends at first glance. Interestingly, this is one of the basic indicators usable on all common charting platforms. ....