The most common candlestick patterns are complimented by the behavioral price movements, increase and declines in volumes alongside the open interest. Wherein open positions remains unsettled and/or until such time liquidated that changes in open interest provides indication in the next possible trend. These trend indicators can best serve the traders to have an informed analysis based on the parameters provided while making a trading decision. Here is an important short-list or a simple guideline in determining a trend. It is up to the trader to pre-determine whether such trend would be viewed as a near-term trend or mid-to-long term trend analysis.
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