Anyone who starts learning technical analysis or anyone who teaches it begins with candlestick patterns.
The doji pattern is a buy, and the inverted hammer/shooting star pattern is a sell, it’s all a trick.
If trading charts were that easy, why do 90% of traders lose their money?
Look at the chart below. Imagine how many people sold this currency upon noticing these hammers/shooting stars.
Do not pay too much attention to these patterns. Focus only on the market structure. As long as the structure is bullish, you won't have to change your bias.
One candle is not enough to determine a trend change. Always wait for more data.
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