About this document
Basing Candle Strategy Guide by courier12 is a document available to read on EtoBox.
The document provides basing rules for determining candlestick patterns in technical analysis. Rule 1 indicates boring candles within an exciting candle make for a perfect base. Rule 2 is not ideal due to risk from wick size, while Rule 3 is second best with minimum wicks. Rule 4 suggests moving to a higher time frame to find boring candles within an exciting candle leg.
- Author
- courier12
- Language
- EN