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Patterns indicating market rest or consolidation (structural continuation).

Shimizu notes that Western moving averages work remarkably well when applied to Renko bricks instead of time bars. Because the noise is filtered out, a moving average crossover on a Renko chart yields far fewer false signals. seikishimizuthejapanesechartofchartspdf high quality

Overlay the Seikishimizu on a modern candlestick chart (same timeframe). Align the most recent close with the nearest heavy horizontal line. Overlay the Seikishimizu on a modern candlestick chart

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