Candle Pattern Knowledge

17
Limitations and Best Practices

Candlestick patterns alone should not be used as the only basis for trades. They are best combined with:

Moving averages

RSI or MACD

Support/resistance levels

Volume analysis

Best Practices

Wait for confirmation before entering.

Avoid trading patterns in choppy, sideways markets.

Use stop-losses under key levels.

Combine with market structure for higher accuracy.

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