Brownsfan - I actually was telling myself that while writing the thread, but for some reason I never typed it out
But you are absolutely correct, a higher time frame will give you better signals. I think that may be one reason why I'm much better swing trading than day trading.
Trader273 - That was a 15 minute chart. Overall, I was just trying to show the basics of candles and how the body tends to get smaller at the end of trends.
Habi - you bring up a very good point. These "reversal" signals don't necessarily mean reversal, in the case of a trend on a 5 minute chart they could simply mean the trend will take a break. It should tell you to either take some profits if you are already in the trend, or wait for the pullback to get back on the train.