Using candlestick

Following candlestick is useful or very useful?

Candlesticks are useful but like with many tools, how useful depends on how you use them, which is partly affected by what you want them to do - how they fit into your strategy.

Back-test with a simple candlestick pattern using your preferred market and time-frame, try something like a pin-bar or bullish engulfing candle. See how common the signal is and what happens to price after the signal. Very important is to form an objective rule to tell you where you would have got out or placed your stop-loss after such a signal. The most useful signals guide you where to get out as well as where to get in.
See thepatternsite.com.

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