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Pattern making is exacting work using shapes not normally encountered by a cabinetmaker. The patternmaker's vise can hold odd shapes at various angles, and it can certainly hold simple shapes at regular angles. The drawbacks of this vise are the expense, the moderately complicated mounting, and a tendency to fragility.
Three white soldiers is a candlestick chart pattern in the financial markets. It unfolds across three trading sessions and represents a strong price reversal from a bear market to a bull market. The pattern consists of three long candlesticks that trend upward like a staircase; each should open above the previous day's open, ideally in the ...
A bench vise, B machine vise, C hand vise. A vise or vice (British English) is a mechanical apparatus used to secure an object to allow work to be performed on it.Vises have two parallel jaws, one fixed and the other movable, threaded in and out by a screw and lever.
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The most famous candlestick trader is the man who invented them, Munehisa Homma. He was a Japanese rice trader who tracked price action and saw patterns developing. He published his work in The Fountain of Gold — The Three Monkey Record of Money in 1755. In today’s dollars, he made about $10 billion. [2]
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What the pattern represents from a supply and demand point of view is a lot of selling in the period of the first black candle. Then, a period of lower trading with a reduced range, which indicates indecision in the market, forms the second candle. This is followed by a large white candle, which represents buyers taking control of the market.
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