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12 classic candlestick patterns, explained in detail — six bullish signals at low positions, six bearish signals at high positions, and the importance of position over pattern by a hundred times. The same pattern can have completely different meanings at low and high positions. For example, a hammer at a low point signals a potential bottom, while at a high point it becomes a hanging man, indicating a top reversal signal.
However, no signal should be considered the golden rule of trading; they are only aids to improve your trading system.
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A single chart to understand instantly: The eight rules of the Granville Method in moving averages are essential to learn
Trend Priority Principle
Trading in the direction of the trend: Only go long when the moving average is upward, only go short when it is downward, avoid contrarian trades.
Multi-timeframe confirmation: For example, confirm the trend on the daily chart, choose entry points on the hourly chart.
Risk Control Strategies
Stop-loss placement: Entry points 1/2/3 can be set 1%-2% below the moving average; exit points 1/2/3 can be set 1%-2% above the moving average.
Position managem
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