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As the resident Candlestick guy, I'll tell you that just finding a shape and calling it a reason to trade is exactly why candlestick analysis does not work for some. B/c that's a completely inaccurate way of using them. 
Candlestick analysis is not play find a shape even though the majority here who think they know something about them do just that. Context. That's all there is to it.
Back to your regularly scheduled program from DB and boys. |
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Once again I was merely trying to point out to Zeon that the argument he put forward previously on a trendline example which worked on one occasion and not on the other, similar charts can be presented for any indicator,
VSA or RSI , CCI, candlestick patterns etc., Even the dragonfly in my example would work at other times as it is actual on a support level (congestion to the left) in which case somebody can point out : look this validates the signal, here is does not simply because the selling is overpowering demand, as simple as that.
I know a thing or two about context and the rest, same with
VSA concepts, Wyckoff and Candlestick charting, have been in the business for over 15yrs
Back to you regularly scheduled program on candlestick thread