Ok so when i started with trading I try to learn so much about candlestick patterns but when i started looking at other traders on YouTube and even generally online I hardly see anyone even consider them while trading yeah they might look at color of candle but that's all. Specially those advance candlestick patterns like rising soldiers and all that, I don't even remember anyone even mention them once while trading or in any tutorial. So my question is for trading veterans here do they use it or is it really overrated thing which serve no purpose in real time trading?
Actually at a beginner level candlestick pattern are really important, because their formation, their shape and their colour helps you recognize what is going on in the market but after sometime you generally develop an eye to catch patterns and price action without even noticing the candlesticks correctly, Like a person can easily recognize from the price action in the smaller time frame that what will be the candlestick in the larger time frame. This is why you don't see them looking at candlesticks that often because those are easy to grasp using price action. Also at a later stage it's more about trading with your system, so people generally just wait for their type of candlestick to form and take a trade than to bother about all types of candlesticks.