The issues that affect the market are many and most time it is very difficult to summarize all the information coming into the market and make an informed investments decision. I do used technical indicators to analyze the market before investing and we have many traders and investors that holds the views that we must used technical and fundamentals indicators in analyzing the market in other to be able to make an informed investments decision. I believe that candlestick formations and patterns contains information about both technical and fundamentals issues that came into the market. Should I continue using candlesticks formation in interpreting the market or something might happen happen that might suspend candlesticks formation information.
I believe you should. Analyzing candlesticks' formations and patterns will help you to successfully execute your technical analysis. It will also save your time in determining the projectile of the market. On the other hand, using candlesticks' formation isn't enough. You must be open to other tools and disiciplinary practices such as risk management, using wave patterns, and other helpful indicators that will help you to confirm entering upon position.