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Candlesticks vs Footprint

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In this video, we unravel the art of using both candlestick and footprint charts to perfect your trading strategy and enhance your trading decisions.

Candlestick charts, especially the formation of doji candles, serve as useful tools to identify potential market reversal points and enable a buythedip trade. But, they give limited information beyond their shape, leading to delayed entries and larger stops.

On the other hand, footprint charts offer a detailed insight into how a candle is formed, allowing traders to pinpoint the exact moment to execute a trade ahead of the candlesticks fully forming, thereby minimising stop size and optimising trade performance.

We'll walk you through a stepbystep process on how to interpret these chart patterns and leverage them for your trading strategy. Join us on July 17th for a special week where you'll gain a deeper understanding of how our traders combine tools to navigate markets by showing the best trades of the day and the tools used to do it.

#Trading #Candlestick #Footprint

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posted by Tabellida