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Day: April 22, 2021

41 posts
Use Long Wicked Candles for Stop Placement

Use Long Wicked Candles for Stop Placement

Candlestick charts, using the individual candles as well as the patterns that they form, can provide an abundance of information to the trader. An oftentimes overlooked aspect of these charts is the trading information provided by longer wicked candles – especially when it comes to stop placement. Many newer traders will decide where to place…