Candle

How to optimize candlestick charts from finance

How to optimize candlestick charts from finance
  1. What is the 3 candle rule?
  2. What is the best timeframe to trade candlesticks?

What is the 3 candle rule?

Key Takeaways

The three inside up pattern is a bullish reversal pattern composed of a large down candle, a smaller up candle contained within the prior candle, and then another up candle that closes above the close of the second candle.

What is the best timeframe to trade candlesticks?

If we talk about the best candlestick time frame for day trading, the most commonly used time frame charts for intraday trading are the 5-minutes candlestick chart and the 15-minutes candlestick chart. The candlesticks have four points that are commonly called OHLC (open high low close).

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