Correct mate, the candle chart for me is never about picking how high it will be - but instead it gives the signal of when to exit from the way the candle forms and changes.
That way you let your wins run instead of predicting .
Conversely, it can be use to time the entry as the downtrend occurs the candles formed can help signal a bottom out or a short term trend change at the trough or near it.
$1 Club, page-29066
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $4.669M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $6.802K | 2.100M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 32371953 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14481514 | 4 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| OVT (ASX) Chart |