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How To Use Three Line Break Chart? Download TLB Amibroker AFL

Three Line Break Chart

Line break charts OR price break charts are a special form of charts which reflects the sentiment better than a normal candlestick chart. A three line break chart is a specific chart where a reversal box is formed only after the price breaks the high or low of last 3 previous boxes. Three line break chart is the most common among all line break charts but some analysts also use six line break charts in lower time frame like 1 minute to catch the sudden moves during news like budget day or inventory