Blending Candles (Bull) -
Any series of candlestick can be summarized in a blend to improve understanding of what a trend means. This is especially true when reversal seems to be underway, but chaotic price movement within the blended candlesticks obscures the signals.
Any series of candlestick can be summarized in a blend to improve understanding of what a trend means. This is especially true when reversal seems to be underway, but chaotic price movement within the blended candlesticks obscures the signals.
Blending is usually used to describe summaries of several days into a single candle; it can also be applied to shorter trade intervals during one session to create a blended version of the trend.
this is one of few topics which i discussed in our TA batch.
#banknifty
this is one of few topics which i discussed in our TA batch.
#banknifty
on similar not u will see a hammer in nifty also.
though there is no need of blend when other candlestick gives u strong reversal signal.
Blending should be used more in sideways market where prices moves in choppy range and erratic candles forms.
#Nifty
though there is no need of blend when other candlestick gives u strong reversal signal.
Blending should be used more in sideways market where prices moves in choppy range and erratic candles forms.
#Nifty
one of best blend which i can come out with at this point of time is this.
its clearly giving a sign of reversal and base formation.
lets hope for a good upswing.
#Blendingcandles
its clearly giving a sign of reversal and base formation.
lets hope for a good upswing.
#Blendingcandles
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