One of the advantages of using candlesticks is that they make setting a stop loss for a trade easy. But setting a target with candlesticks isn't so easy, and this is something a lot of traders struggle with. There are multiple approaches to setting a target, such as support & resistances, fixed percentage or a trailing stop loss. In this video, Karthik explains the nuances of all three approaches to setting a target for your trades.
Video on the right way to think about candlestick patterns: • The right way to use c...
If you are new to candlesticks, we'd highly recommend you checkout the technical analysis module on Varsity: zerodha.com/varsity/module/te...
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