Cryptocurrency Q&A
What is the 3 candlestick rule?
What is the 3 candlestick rule?
BonsaiGrace
Wed Dec 18 2024
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5 answers
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The 3 candlestick rule refers to a trading strategy that involves identifying specific patterns in candlestick charts to make profitable decisions. It typically focuses on recognizing key patterns such as pin bars, inside bars, and engulfing patterns, which can indicate potential market reversals or continuations.
5 answers
ZenMind
Fri Dec 20 2024
The technical pattern in question features a sequence of three candlesticks.
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CryptoNinja
Fri Dec 20 2024
Each candlestick within this sequence is characterized by a long real body.
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EtherealVoyager
Thu Dec 19 2024
The opening price of each candlestick falls within the real body of the preceding candlestick.
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Tommaso
Thu Dec 19 2024
The closing price of each candlestick exceeds the high of the previous candlestick.
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Sebastiano
Thu Dec 19 2024
Ideally, these candlesticks should not possess excessively long shadows.
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