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Long Candles as support or resistance: Fact or Fiction? - 8/23/2017 12:44:16 AM   
donnieclark

 

Posts: 246
Joined: 4/19/2017
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A long candle is one which is unusually long in the context of the usual price range of the instrument concerned. The time interval of the chart is immaterial, but I prefer "genuine" trading periods where books are opened and closed - daily, weekly, monthly - rather than the more "artificial" periods such as 10minute, 1 hour or whatever.


Please Help.
Thanks !

I didn't find the right solution from the internet.
References:
-http://www.trade2win.com/boards/technical-analysis/13254-long-candles-support-resistance-fact-fiction.html
-Construction Equipment Video Examples










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