Many people rack their brains trying to understand the fluctuations in market prices. Usually, by the time they figure it out, the market trend has already completed its cycle. If the things you need to know have already been reflected in the market, why are you still busy for no reason? So, what are the things that have already been reflected?
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Prices melt everything; all news, policies, black swan events, etc., will be reflected in the rise and fall to form prices, which are displayed through candlestick charts. The definitions of rising, falling, and consolidating are achieved through the arrangement and combination of high and low points in candlestick patterns. This means that if you want to operate based on this definition, you must be able to draw high and low points. To be precise, it’s about the high and low points at various levels because high and low points are categorized by levels. Knowing how to identify high and low points allows you to understand the trend at your operating level; trends are relative, and rises and falls are clear at a glance.