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Unmasking Candlestick Patterns

Anarchy: Day Trading for Rebels

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Debunking the Myth of Candlestick Patterns

This chapter explores the common misconceptions surrounding candlestick patterns in trading, particularly regarding their predictability and reliability. It highlights how cognitive biases can mislead traders into overestimating the significance of these patterns, ultimately likening their utility to that of astrology in trading.

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