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.
For the information of the candles, I think it is better to use it when scalping is performed, although scalping has many ways to do it, because when analyzing in very large time intervals, in weeks or days, even in hours, the information varies, The study of Candles can give more efficient results in minimum time fractals.
Always when performing this type of operations, you should try to understand at what stage the market is, to have better confirmations to operate the market and, therefore, not to be confused frequently.