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New TA/Charting, page-14038

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    I thought the whole point of a Heiken Ashi chart was to dumb it down to remove all the noise like gaps etc - By using blended candles the trend is obvious with either a series of red or green candles.

    Obviously if it starts making a series of higher lows and higher highs the Heiken chart will switch to a green series of candles which would confirm buying pressure so nothing much to see here at this point in time other than some buyer interest off the back of oversold RSI at a primary support zone. - Oh and a tweezer bottom
 
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