Different Chart Types
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Question 1 of 7
1. Question
We’ve got three chart types. The first one is the line chart, the second is the bar chart, and the last is the candlestick chart:
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Question 2 of 7
2. Question
The line chart:
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Question 3 of 7
3. Question
Today’s […] analysis is working way beyond a simple linear chart:
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Question 4 of 7
4. Question
Once you’ll see that you’re getting into the candlestick chart formation and once you’ll see that you’re getting the hang of it, then you’ll see that you’ve got not too much information:
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Question 5 of 7
5. Question
The highest bar point is where we can’t say the highest amount of bulls, but we’ll say the highest amount of capital on behalf of the bull side of the equation was invested in that specific point:
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Question 6 of 7
6. Question
Another point we can see on the bar is the lowest bar point, which is, again, the opposite, where the highest capital representing the bears was invested:
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Question 7 of 7
7. Question
We must understand whether the market has enough energy to take our position to the profitable side. Or the market is in a slow position but still moving somewhere. Therefore, we might keep going for our position for now:
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