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Candlestick Patterns

Candlestick patterns were created centuries ago, around about the 18th century by Munehisa Homma. He was a rice trader on the financial markets. People began to take notice of Homma after he successfully executed over one hundred winning trades in a row thanks to candlestick patterns.

When you read the names of many of the candlestick patterns, you’ll notice a lot of military references such as ‘three white soldiers’. This is because candlestick patterns began to be developed during war years in Japan.

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