What is the 5 candle rule in trading?

The 5 candle rule in trading is a technical analysis technique that involves observing the price action of a security over a specific time frame, typically represented by five candlestick charts. This rule aims to identify patterns or trends in the price movement, such as reversals or continuations, based on the analysis of these five candles. Traders use this rule to make informed decisions on when to enter or exit a trade, with the goal of maximizing profits and minimizing risks.