Charting Analysis Summary

  1. *Line charts just show closing prices
  2. *Bar charts and candlestick charts show you the four prices – open, high, low and closing – for each period
  3. *Candlestick charts are easier to interpret
  4. *You can use arithmetic or logarithmic price scales – log is sometimes better on the long term charts
  5. *Technical analysis can be applied to any timeframe of charting

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