You think “Warren Buffett” checks if a candle has a long wick before investing billions? Or “ #CZ ” checks a dragonfly doji? C’mon...
Patterns like Doji or Inverted Hammer rely on subjective interpretation. One trader sees a reversal, another sees noise. The reality? Studies show many of these have <35% success rate when isolated. No math, no volume logic, just shape guessing. That’s not trading—that’s hoping.
Now let’s talk math-based technicals: You don’t need to solve equations or find X and Y. You just need to understand what the indicators mean—like RSI, MACD, Volume Profile. Tools that have historical probabilities, real data, and logic behind them. When used properly, they offer 70–90%+ edge in structured setups—not guesswork.
If you want real trading skills—stop memorizing 30 candle patterns. Start reading whitepapers, look at liquidity, market structure, trend strength. That’s real technical analysis.
Trade smart. Not based on shapes.