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If a pin bar candle has a small overall body and a protracted tail, directed upward or downward, There may be an imminent change in the cost of the asset based on the prevailing market place situations.
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If the candlesticks open up downwards, It is just a signal that the suitable trade to execute is a “put” option.
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Here you research the candlesticks diligently and look out for the development in the worth actions. What you check over here may be on the lookout for would be the exact minute where you will observe a reversal of a downtrend.