Cadnle Patterns

Mistakes Traders Make With Candle Patterns
Mistake 1: Trading Every Pattern

Not every hammer means buy; not every engulfing means reversal.

Mistake 2: Ignoring the Trend

Trend is king. Patterns against trend are less reliable.

Mistake 3: No Confirmation

Waiting for confirmation improves accuracy.

Mistake 4: Overlooking Market Structure

Support/resistance is more powerful than candle patterns.

Mistake 5: Using Candles Alone

Combine with other tools for best results.