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solution

Get the candlestick chart from B i n a n c e website according to below criteria.

Parity

Time Frame

First Candle

Last Candle

ETH/USDT

1 hour

1 December 00.00 (gmt +0)

20 December 00.00 (gmt +0)

In this interval, make the swing analysis with the “adwiser approach” and label the swing turning points (HH, HL, LL, LH). The first candle will be considered as the trend swing increasing reversal point and HH.

HH: Highest High, HL: Highest Low, LL: Lowest Low, LH: Lowest High

Adwiser Approach:

-Looking for 3 red candles for upside direction close

-Looking for 3 green candles for downside direction close

-Minimum 5 candles should analyze

-If a downward swing is sought; going below the previous Lx would break all the rules

– If an upward swing is sought; going above the previous Hx would break all the rules

Solution:

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