Components of a Candle (Body, Wick, High, Low)

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Types of Candlestick Patterns

Candlestick patterns are broadly divided into:

A. Single Candlestick Patterns

Formed by just one candle.

B. Double Candlestick Patterns

Formed by two-candle combinations.

C. Triple Candlestick Patterns

Formed by three-candle combinations.

Let’s dive into each category in detail.

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