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3) The candles actually seem to distract me from the points. I wonder if it would make sense for me, anyway, to use a line chart.
Edit...the only thing I can think of as a starting point is to try to find the 3's.
Edit...the only thing I can think of as a starting point is to try to find the 3's.
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The problem with a line chart is that it's usually based on an average. OHLC avg, HLC, VWAP, etc... So it's doesn't tell the whole story and it won't show overlaps that invalidate a count either. Candlesticks and OHLC bars are best suited for this job.
Furthermore, the shape of a candlestick also brings relevant market information.
You are correct however, this has nothing to do with EW. There is a wealth of info in candles, but the only thing we use in EW is the high and low of the candle.