Yes, they are really useful and personally, even I as a fundamental trader still use this one to trade as the right entry time and the right time to get out of the market because i can use that as a target to stop the possible loss and take the profit i want to get from here as well. But one will need to draw the line manually and differentiate the bullish candle or the bearish candle first for this. It's pretty easy so i think all will have the knowledge to do it.
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