The same Candlestick, different paths, different response strategies!!!



Candlestick is a compressed record of price fluctuations over a period of time, while the trend is the price trajectory during that period.

The 4H×2 and 4H×3 in the above image represent how, by zooming in the 4-hour Candlestick to a smaller level (for example, 15 minutes), you can see the details of the price fluctuations within it.

The same Candlestick pattern may present completely different path structures on smaller timeframes, some experiencing sharp drops and rebounds in between, while others show fluctuating ascents.

The significance of understanding this is: one cannot assume that the internal structure is consistent just by looking at the Candlestick patterns!! The same closing price and shadow may hide completely different bullish and bearish forces behind them. This is also the essence of multi-timeframe analysis – confirming the quality of the larger timeframe's trend with smaller timeframes. #TOKEN OF LOVE 重磅回归# #比特币市值超越亚马逊# #晒出我的Alpha积分# #BTC# #ETH#
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