Disadvantages of Japanese candlesticks

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doaausef3li
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Joined: Thu Jan 25, 2024 1:33 am

Disadvantages of Japanese candlesticks

Post by doaausef3li »

Self-explanation:
Interpretation of candlestick patterns may be subjective and vary from one trader to another, which can lead to different conclusions.
Need for experience:
Understanding and interpreting the different candlestick patterns may require time and experience, making them less useful for novice traders.
Inaccuracy in forecasting:الشموع اليابانية الإيجابية
Although Japanese candlesticks can indicate certain possibilities, they do not provide guarantees. Patterns may sometimes fail to predict actual market movement.
Ignoring basic factors:
Japanese candlesticks rely only on price data and do not take into account fundamental factors that may affect the markets, such as economic news or political events.
Over-analyzing:
Some traders may tend to over-analyze Japanese candlesticks, which can lead to making decisions based on weak or uncertain signals.
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