Heiken Ashi

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Heiken Ashi is another form of a candlestick chart indicator that can help traders to spot the trend easily, at glance. It is very much like the Japanese candlestick chart as it uses candlesticks to display momentum. Green Heiken Ashi candles would signify a bullish trend or that the bulls are getting stronger or the beginning of an uptrend. The opposite is true as well, should the market print a series of Red Heiken Ashi candles, this would then mean that the trend may be changing or the sellers are running stronger.

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