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Understanding Sveriges Riksbank
Established in 1668, Sveriges Riksbank is one of the oldest central banks in the world, predating even the likes of the Bank of England and the Bank of Japan
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Understanding the Potential of Stick Sandwich Patterns
The stick sandwich pattern, also known as the Takuri Line, is a powerful tool that can help traders identify potential reversals in the market. This pattern consists of three candlesticks, with the middle one sandwiched between two candlesticks of the opposite color
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Understanding the Shooting Star Pattern
The shooting star pattern is a powerful signal that suggests a potential reversal in an ongoing uptrend. It indicates that despite the initial bullish momentum, sellers have regained control and are likely to drive prices lower in the near future
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Understanding Shadow Patterns
One of the key components of a candlestick is its shadow, also known as a wick or tail. Shadows extend from the top and bottom of the candlestick body, providing additional information about price movements during the trading period
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Understanding the Significance of Spinning Tops
A spinning top is a candlestick formation that represents a period of indecision in the market. It is characterized by a small body with long upper and lower shadows, giving it the appearance of a spinning toy top.