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We use candlestick charts simply because they clearly show the price motion the clearest and therefore are the preferred charts among Specialist traders. Lots of traders choose the candlestick version in excess of common bar charts as it is generally regarded as a greater visual representation of value motion.
Thus, there was a large probability of the go reduced after that pin bar. Take note the fifty% limit promote entry that offered itself as the next bar retraced to about 50% with the pin bar’s size right before the market fell considerably lower…
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