Few of basics like pattern recognition in line chart and candlesticks always proved as a better one in higher time frames. But, we need multiple confirmations to take any trading decisions which is the reason I always go with pivot point analysis along with RSI oscillator. These are all more effective when combined and for higher time frames. If you want to use these for day-trading signals then you may end up losing for sure.

Usually all trading tools are too good for decision making in long term trading. I am always preferring holding still I do risk on riding on trends in long term and for this I go with larger time framed signals which are comparatively effective to get me better results.