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Price charts all represent the same market movements, but each unique chart type represents the price action in a particular way. Different perspectives, or by using different calculations for candles, can result in less noise, or more clarity. Experimenting with the different types of charts can lead to gaining a variety of perspectives on the same price action.
Before we get started, it’s worth noting that you can follow these lessons in real time using the platform offered by SimpleFX, available here.