A simple question to think about. Do indicators make charts too confusing, have mixed success, and ultimately fall victim to whipsaw with an occasional big winner?
Would it be better to use an indicator free daily chart and just observe the buyer and seller psychology that candlesticks offer?
Candlestick patterns are powerful. Especially when you observe them around areas of price congestion, support or resistance.
I would love to hear some opinions on these questions. For and against my thoughts.
Would it be better to use an indicator free daily chart and just observe the buyer and seller psychology that candlesticks offer?
Candlestick patterns are powerful. Especially when you observe them around areas of price congestion, support or resistance.
I would love to hear some opinions on these questions. For and against my thoughts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.