Technical analysis plays a crucial role in the decision-making process oftradersas they seek to understand and predict market movements. One significant aspect of technical analysis is the recognition of chart formations, which provides valuable insights into the market's behavior. Chart formations can occur in various time frames, such as 15 minutes, hourly, or daily charts, and understanding the time period in which they appear is essential in formulating a sound trade strategy. There are two main types of chart patter...
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