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Renko diagrams are used to pick the going with about:
(an) Easy specific affirmation of help and constraint lines.
(b) Easy ID of continuation models, for instance, triangles.
(c) Identification of reversal models, for instance, head and shoulders, triple tops, twofold bottoms and other for the most part saw reversal plans.
(d) Discovery of models and their reversals that can’t be “seen” on a PPS chart.
(e) Refine our abilities to daytrade/swing a chart as to build up our records.