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Patterns can be used in conjunction with other technical analysis tools from "summary" of Japanese Candlestick Charting Techniques by Steve Nison
When analyzing market movements, patterns play a crucial role in understanding potential price movements. However, it is important to note that patterns should not be viewed in isolation. They can be used in conjunction with other technical analysis tools to enhance the accuracy of predictions. By combining patterns with other technical analysis tools such as trendlines, moving averages, and volume indicators, traders can gain a more comprehensive view of the market. For example, a bullish reversal pattern may be more significant if it occurs near a major support level...
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