The best answer to the question How do you use candlesticks for entry signals in swing trading?
How do you use candlesticks for entry signals in swing trading? Candlestick charts are a popular technical analysis tool that can be used to generate entry signals in swing trading. Candlestick patterns can indicate potential changes in the market trend or indicate potential buying or selling opportunities. Here are a few examples of candlestick patterns that can be used as entry signals in swing trading: Bullish reversal patterns: such as the hammer, the bullish engulfing pattern, or the piercing line pattern, suggest that the market may be reversing from a downtrend to an uptrend. These patterns can be used as a signal to buy. Bearish reversal patterns: such as the hanging man, the bearish engulfing pattern, or the shooting star pattern, suggest that the market may be reversing from an uptrend to a downtrend. These patterns can be used as a signal to sell or short. Continuation patterns: such as the bullish harami or the bearish harami, suggest that the current trend is likely to co
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