Cryptocurrency Q&A
What is the three candlestick rule?
What is the three candlestick rule?
Carolina
Sun Dec 15 2024
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5 answers
1184
I've heard about a trading strategy called the three candlestick rule, but I'm not sure what it exactly is. Could someone explain this rule to me and how it can be applied in trading?
5 answers
Filippo
Tue Dec 17 2024
It is important to note that these candlesticks should not possess excessively long shadows.
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Eleonora
Tue Dec 17 2024
Ideally, the opening of each candlestick aligns closely within the real body of the candlestick that precedes it in the pattern.
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CryptoVisionary
Tue Dec 17 2024
The pattern in question features three consecutive candlesticks with notably long bodies.
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BlockchainVisionary
Tue Dec 17 2024
Each of these candlesticks opens within the real body of the preceding candlestick.
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henry_taylor_architect
Tue Dec 17 2024
The close of each candlestick exceeds the high of the previous candlestick.
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